LegalizeCOMPANIES (RESCUE PROCESS FOR SMALL AND MICRO COMPANIES) ACT 2021
This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.
Act to amend the Companies Act 2014 to provide, in certain circumstances, for a rescue process for small and micro companies which are, or are likely to be, unable to pay their debts; and for related matters.
An Act to amend the Companies Act 2014 to provide, in certain circumstances, for a rescue process for small and micro companies which are, or are likely to be, unable to pay their debts; and for related matters.
[22nd July, 2021]
Be it enacted by the Oireachtas as follows:
PART 1 General
1. Short title and commencement
1. (1) This Act may be cited as the Companies (Rescue Process for Small and Micro Companies) Act 2021.
- (2) This Act shall come into operation on such day or days as the Minister for Enterprise, Trade and Employment may appoint by order or orders either generally or with reference to any particular purpose or provision and different days may be so appointed for different purposes or different provisions.
2. Definition
2. In this Act, “Principal Act” means the Companies Act 2014.
PART 2 Rescue Process for Small and Micro Companies
3. Rescue process for small and micro companies
3. The Principal Act is amended by the insertion of the following Part after section 558—
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