Investment Funds, Companies and Miscellaneous Provisions Bill 2005
Public bill · Government · Presented
Creates a regulated structure for non-UCITS common contractual funds, with Central Bank oversight, reporting duties, investor protections and limits on investors’ liability. It allows investment-fund sub-funds to invest in one another while ring-fencing each sub-fund’s assets and debts, and strengthens rules on market abuse and public offers of securities, including compensation and criminal penalties for wrongdoing. It also makes practical company-law changes—such as electronic filings and reserving company names—and increases fines for breaches of consumer, competition and pricing laws.
Formal long title
Bill entitled an Act to make provision in relation to collective investment undertakings of the kind known as "common contractual funds"; to amend Part XIII of the Companies Act 1990 and the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2003 (S.I. No. 211 of 2003); to make provision in relation to certain of the matters dealt with by acts adopted by institutions of the European Communities in the fields of insider trading and manipulation and other abuses of financial markets and in the field of offers to the public of securities or the admittance of securities to trading; to effect certain miscellaneous amendments to the Companies Acts 1963 to 2003; to increase the penalties for offences under the Prices Act 1958, the Restrictive Practices Act 1972 and certain enactments that relate to protection of the consumer and to provide for related matters
Last updated 13 April 2018
- Minister for Justice, Equality and Law Reform Primary
- First StageSeanad
- Second StageSeanad
- Committee StageSeanad
- Report StageSeanad
- Fifth StageSeanad
- Second StageDáil
- Committee StageDáil
- Report StageDáil
- Fifth StageDáil Enacted
- EnactedEnacted
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad Bill amended by Dáil]: Report and Final Stages. Seanad
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Motion for Earlier Signature. Seanad
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad]: Report and Final Stages. Dáil
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad]: Second Stage. Dáil
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad]: Second Stage (Resumed). Dáil
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad]: Second Stage (Resumed). Dáil
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad]: Referral to Select Committee. Dáil
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Committee and Remaining Stages. Seanad
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Order for Second Stage. Seanad
- Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Second Stage. Seanad