Microenterprise Loan Fund Act 2012
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Membership of either House of Oireachtas or European Parliament. |
15.— (1) Where a director of the subsidiary is— | |
(a) nominated as a member of Seanad Éireann, | ||
(b) elected as a member of either House of the Oireachtas or to be a member of the European Parliament, or | ||
(c) regarded pursuant to Part XIII of the Second Schedule to the European Parliament Elections Act 1997 as having been elected to that Parliament, | ||
he or she shall thereupon cease to be a director of the subsidiary. | ||
(2) Where a member of the staff of the subsidiary is— | ||
(a) nominated as a member of Seanad Éireann, | ||
(b) elected as a member of either House of the Oireachtas or to be a member of the European Parliament, or | ||
(c) regarded pursuant to the said Part XIII as having been elected to that Parliament, | ||
he or she shall thereupon cease to be a member of the staff of the subsidiary. | ||
(3) A person who is for the time being entitled under the Standing Orders of either House of the Oireachtas to sit therein or who is a member of the European Parliament shall, while he or she is so entitled or is such a member, be disqualified for being a director of the subsidiary or a member of the staff of the subsidiary. |