Companies Act 2014 section 1414

Supplemental provisions in relation to section 1413

Section 1414 sets out the supplemental rules governing the timing, notification and legal effects of an investment company's de-registration from Ireland when it migrates to another jurisdiction under section 1413.

• A special resolution to migrate does not take effect until the latest of several specified dates, depending on whether court applications are withdrawn or determined
• Once registered in the new jurisdiction, the company must notify the Registrar within 3 days, after which a certificate of de-registration is issued
• The Registrar records the de-registration and publishes key details in the CRO Gazette within 7 days
• De-registration does not create a new legal entity and does not affect existing contracts, rights, liabilities or legal proceedings