Schedule 3, Part 2 Amendment of Companies Act 1963

1.

Section 103

In subsection (1)(b), insert the following subparagraph after subparagraph (iii):

"(iiia) if the charge is a floating one, granted by a company to the Central Bank and Financial Services Authority of Ireland for the purposes either of providing or securing collateral, particulars of any provision of the charge that has the effect of prohibiting or restricting the company from issuing further securities that rank equally with that charge or modifying the ranking of that charge in relation to securities previously issued by the company;".