S.I. No. 498/2024 - European Union (Corporate Sustainability Reporting) (No. 2) Regulations 2024
Notice of the making of this Statutory Instrument was published in | ||
“Iris Oifigiúil” of 4th October, 2024. | ||
I, PETER BURKE, Minister for Enterprise, Trade and Employment, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 (No. 27 of 1972) and for the purpose of giving further effect to Directive (EU) 2022/2464 of the European Parliament and of the Council of 14 December 20221 amending Regulation (EU) No. 537/2014, Directive 2004/109/EC, Directive 2006/43/EC and Directive 2013/34/EU as regards corporate sustainability reporting, hereby make the following regulations: | ||
1. These Regulations may be cited as the European Union (Corporate Sustainability Reporting) (No. 2) Regulations 2024. | ||
2. In these Regulations, “Principal Act” means the Companies Act 2014 (No. 38 of 2014). | ||
3. Section 1587 of the Principal Act is amended, in subsection (2), by the substitution of “Chapter 3, other than section 1607,” for “Chapter 3”. | ||
4. Section 1594 of the Principal Act is amended by the substitution of the following for subsection (4): | ||
“(4) This section shall not apply to an applicable company that – | ||
(a) falls within paragraph (a) of the definition of ‘applicable company’, and | ||
(b) is a public-interest entity falling within paragraph (a) of the definition of ‘public-interest entities’.”. | ||
5. Section 1598 of the Principal Act is amended by the substitution of the following for subsection (4): | ||
“(4) This section shall not apply to an applicable holding company that is a public-interest entity falling within paragraph (a) of the definition of ‘public-interest entities’.”. | ||
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GIVEN under my Official Seal, | ||
1 October, 2024. | ||
PETER BURKE, | ||
Minister for Enterprise, Trade and Employment. | ||
EXPLANATORY NOTE | ||
(This note is not part of the Instrument and does not purport to be a legal interpretation.) | ||
These Regulations make amendments further to the European Union (Corporate Sustainability Reporting) Regulations 2024 S.I. No. 336/2024. | ||
