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LRC Revised Act

Number 48 of 2021

COMPANIES (CORPORATE ENFORCEMENT AUTHORITY) ACT 2021

REVISED

Updated to 11 June 2023

Changes to legislation

as of 10 July 2026, this Act is up to date with all changes known to be in force.

This Revised Act is an

administrative consolidation of the

Companies (Corporate Enforcement Authority) Act

2021

. It is prepared by the Law Reform Commission in accordance with its function

under the

Law Reform Commission Act 1975

(3/1975) to keep the law under review

and to undertake revision and consolidation of statute law.

All Acts up to and including the

Regulated Professions (Health and Social

Care) (Amendment) Act 2023

(14/2023), enacted 6 June 2023, and all statutory

instruments up to and including the

Companies (Corporate Enforcement Authority) Act

2021 (Section 35) (Commencement) Order 2023

(S.I. No. 292 of 2023), made 7 June

2023, were considered in the preparation of this Revised Act.

Disclaimer: While every care has

been taken in the preparation of this Revised Act, the Law Reform Commission can assume

no responsibility for and give no guarantees, undertakings or warranties concerning

the

accuracy, completeness or up to date nature of the information provided and does not

accept any liability whatsoever arising from any errors or omissions. Please notify

any

errors, omissions and comments by email to

revisedacts@lawreform.ie.

Number

48

of

2021

COMPANIES (CORPORATE ENFORCEMENT AUTHORITY) ACT 2021

REVISED

Updated to 11 June 2023

CONTENTS

PART 1

Preliminary and General

Section

1. Short title, collective citation and commencement

2. Definition

3. Repeal

PART 2

Amendment of Principal Act - Corporate Enforcement Authority

4. Amendment of section 2 of Principal Act

5. Amendment of section 12 of Principal Act

6. Amendment of section 930A of Principal Act

7. Amendment of section 930B of Principal Act

8. Amendment of section 936A of Principal Act

9. Amendment of section 936B of Principal Act

10. Amendment of Part 15 of Principal Act

11. Amendment of Principal Act - insertion of Schedule 22

12. Amendment of Principal Act in relation to references to Director

13. Savings

PART 3

Amendment of Principal Act - Share Capital

14. Amendment of section 71 of Principal Act

15. Amendment of section 82 of Principal Act

16. Amendment of section 91 of Principal Act

17. Amendment of section 106 of Principal Act

18. Amendment of section 109 of Principal Act

19. Amendment of section 123 of Principal Act

20. Amendment of section 480 of Principal Act

21. Amendment of section 503 of Principal Act

22. Amendment of section 1043 of Principal Act

23. Amendment of section 1045 of Principal Act

24. Amendment of section 1087A of Principal Act

25. Amendment of section 1230 of Principal Act

PART 4

Amendment of Principal Act - Corporate Governance

26. Amendment of section 131 of Principal Act

27. Amendment of section 151 of Principal Act

28. Amendment of section 184 of Principal Act

29. Amendment of section 930 of Principal Act

30. Disapplication of section 181(5)(d) in respect of certain CLGs

PART 5

Amendment of Principal Act - Miscellaneous

31. Amendment of section 198 of Principal Act

32. Amendment of section 633 of Principal Act

33. Amendment of section 681 of Principal Act

34. Amendment of section 819 of Principal Act

35. Cases in which director must supply certain data

PART 6

Consequential Amendment to Irish Collective Asset-management Vehicles Act 2015

36. Corporate Enforcement Authority

SCHEDULE 1

Insertion of Schedule 22 to Principal Act

SCHEDULE 2

Amendment of Principal Act in relation to References to Director of Corporate Enforcement

Acts Referred to

Civil Service Regulation Act 1956

(No. 46)

Civil Service Regulation Acts 1956 to 2005

Companies Act 2014

(No. 38)

Comptroller and Auditor General (Amendment) Act 1993

(No. 8)

European Parliament Elections Act

1997

(No. 2)

Irish Collective Asset-management

Vehicles Act 2015

(No. 2)

Irish Collective Asset-management Vehicles Acts 2015 and 2020

Public Service Management

(Recruitment and Appointments) Act 2004

(No. 33)

Public Service Superannuation

(Miscellaneous Provisions) Act 2004

(No. 7)

Social Welfare Consolidation Act

2005

(No. 26)

Taxes Consolidation Act 1997

(No. 39)

Number

48

of

2021

COMPANIES (CORPORATE ENFORCEMENT AUTHORITY) ACT 2021

REVISED

Updated to 11 June 2023

An Act to amend the

Companies Act 2014

to establish a body to be known as An tÚdarás um Fhorfheidhmiú Corparáideach or, in the English language, the Corporate Enforcement Authority, to replace,

and perform the functions previously performed by, the Director of Corporate Enforcement;

to make provision for certain other amendments to that Act relating to the share capital

of companies or the corporate governance of companies; to make consequential amendments

to that Act and the

Irish Collective Asset-management Vehicles Act 2015

; and to provide for related matters.

[22

nd December,

2021]

Be it enacted by the Oireachtas

as follows

CONTENTS

PART 1

Preliminary and General

Section

1. Short title, collective citation and commencement

2. Definition

3. Repeal

PART 2

Amendment of Principal Act - Corporate Enforcement Authority

4. Amendment of section 2 of Principal Act

5. Amendment of section 12 of Principal Act

6. Amendment of section 930A of Principal Act

7. Amendment of section 930B of Principal Act

8. Amendment of section 936A of Principal Act

9. Amendment of section 936B of Principal Act

10. Amendment of Part 15 of Principal Act

11. Amendment of Principal Act - insertion of Schedule 22

12. Amendment of Principal Act in relation to references to Director

13. Savings

PART 3

Amendment of Principal Act - Share Capital

14. Amendment of section 71 of Principal Act

15. Amendment of section 82 of Principal Act

16. Amendment of section 91 of Principal Act

17. Amendment of section 106 of Principal Act

18. Amendment of section 109 of Principal Act

19. Amendment of section 123 of Principal Act

20. Amendment of section 480 of Principal Act

21. Amendment of section 503 of Principal Act

22. Amendment of section 1043 of Principal Act

23. Amendment of section 1045 of Principal Act

24. Amendment of section 1087A of Principal Act

25. Amendment of section 1230 of Principal Act

PART 4

Amendment of Principal Act - Corporate Governance

26. Amendment of section 131 of Principal Act

27. Amendment of section 151 of Principal Act

28. Amendment of section 184 of Principal Act

29. Amendment of section 930 of Principal Act

30. Disapplication of section 181(5)(d) in respect of certain CLGs

PART 5

Amendment of Principal Act - Miscellaneous

31. Amendment of section 198 of Principal Act

32. Amendment of section 633 of Principal Act

33. Amendment of section 681 of Principal Act

34. Amendment of section 819 of Principal Act

35. Cases in which director must supply certain data

PART 6

Consequential Amendment to Irish Collective Asset-management Vehicles Act 2015

36. Corporate Enforcement Authority

SCHEDULE 1

Insertion of Schedule 22 to Principal Act

SCHEDULE 2

Amendment of Principal Act in relation to References to Director of Corporate Enforcement

Number

48

of

2021

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