S.I. No. 131/1992 - Companies Act, 1990 (Insider Dealing) Regulations, 1992.

1. These Regulations may be cited as the

Companies Act, 1990

(Insider Dealing) Regulations, 1992.

2. For the removal of doubt, it is hereby declared that

section 108

of the

companies Act, 1990

(No. 33 of 1990), does not apply to dealing outside the State in securities.

GIVEN under my Official Seal, this 2nd day of June, 1992.

DESMOND O'MALLEY,

Minister for Industry and Commerce.

EXPLANATORY NOTE.

These Regulations clarify that

section 108

of the

Companies Act, 1990

(No. 33 of 1990), does not apply to dealing outside the State in securities.

S.I. No. 131 of 1992.

COMPANIES ACT, 1990 (INSIDER DEALING) REGULATIONS, 1992.

WHEREAS difficulties have arisen in relation to the operation of

section 108

of the

Companies Act, 1990

(No. 33 of 1990);

AND WHEREAS it appears to me to be necessary for removing those difficulties and for facilitating the operation of the said section 108 to make the following Regulations;

NOW, I, DESMOND O'MALLEY, Minister for Industry and Commerce, in exercise of the powers conferred on me by

section 121

of the

Companies Act, 1990

, hereby make the following Regulations