Minister of State for Trade Promotion, Digital and Company Regulation, Dara Calleary, TD, has signed into law the Companies Act 2014 (Disqualification and Restriction Undertakings) Regulations 2022 (“the Regulations”). The Regulations take effect on 9 December 2022.
The purpose of the Regulations is to prescribe:
- the form of the disqualification undertaking form and the restriction undertaking form, incorporating the notices required under section 850(3) and section 852(3) of the Companies Act 2014,
- the “disqualification acceptance document” and “restriction acceptance document” under section 854(1),
- the statement of legal effects as specified in section 850(4)(b) and section 852(4)(b), and
- the particulars to be furnished by the Corporate Enforcement Authority to the Companies Registration Office under section 851(3)(a).