Schedule 3, Part 4 Amendments of Companies (Amendment) Act 1990

1

Section 2

After subsection (4), insert-

"(5) The court shall not make an order under this section unless -

(a) the court is satisfied that the company has no obligations in relation to a bank asset that has been transferred to the National Asset Management Agency or a NAMA group entity, or

(b) if the company has any such obligation -

(i) a copy of the petition has been served on that Agency, and

(ii) the court has heard that Agency in relation to the making of the order.

(6) In subsection (5) 'bank asset' and 'NAMA group entity' have the same respective meanings as in the National Asset Management Agency Act 2009.".

2

Section 4

After subsection (6), insert-

"(7) The court shall not make an order under this section unless -

(a) the court is satisfied that the related company has no obligations in relation to a bank asset that has been transferred to the National Asset Management Agency or a NAMA group entity, or

(b)