Template:Charges in ireland: Difference between revisions
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==={{t|Ireland}}=== | ==={{t|Ireland}}=== | ||
The Irish Financial Collateral Arrangement Regulations provide that certain types of charges do not need to be registered including those created over | |||
:(a) [[cash]]<ref>I know, I know.</ref>; | |||
:(b) deposits and money credited to bank account; | |||
:(c) [[share]]s, [[bond]]s or [[Debt securities|debt instruments]]; | |||
:(d) money market funds or collective investment scheme units; or | |||
:(e) claims and rights (such as dividends or interest) over any of the above. | |||
However, warns Matheson, the registrar tends to take a conservative approach to excluding charges from the registration requirement on account of the Financial Collateral Arrangement Regulations, so you may still find Irish [[espievie]]s counsel wishing to go through the pantomime of registering charges with the Irish Registrar of Companies, notwithstanding the Emerald Isle’s continued membership of the [[European Union]], and implementation of its buzz-killing [[Financial Collateral Directive]], thanks to some law changes in 2015.<ref>“... Charges over all categories of assets are now registerable save for certain specific exclusions (including, for example, a charge created over an interest in cash or in shares in an Irish company). Thus, particulars of every charge created by a company over any property need to be delivered to the CRO, save for charges over non-registerable assets.” — [https://www.lawsociety.ie/Solicitors/Practising/Practice-Notes/Priority-and-registration-of-charges/#.XdusMtWwmiM Irish Law Society bulletin].</ref><br> | |||