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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2015 - onwards
  Version 3 of 3    

42. Additional requirement to be complied with before company may be formed.

Repealed from 1 June 2015

(1) A company shall not be formed and registered under the Companies Acts, 1963 to 1999, after the commencement of this section, unless it appears to the registrar of companies that the company, when registered, will carry on an activity in the State, being an activity that is mentioned in its memorandum.

(2) The registrar of companies may accept as sufficient evidence that a company, when registered, will carry on an activity in the State a statutory declaration, in the prescribed form, that the purpose or one of the purposes for which the company is being formed is the carrying on by it of an activity in the State and which declaration includes the following particulars -

(a) if it appears to the person making the declaration that the activity belongs to a division, group and class appearing in the relevant classification system -

(i) the general nature of the activity, and

(ii) the division, group and class in that system to which the activity belongs,

(b) if it appears to the

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