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GAZETTE

DECEMBER 1980

in the event of transfers of undertakings. In view of the

degree of protection afforded by this directive and the

short space of time that has elapsed since it was adopted,

the present directive reaffirms the existing protection by

referring to the previous legislation. The directive also

governs the grounds and detailed procedures for

rendering mergers void; such nullity may only be ordered

under certain conditions. The directive also applies in the

case of merger by the formation of a new company.

The Council of Ministers in adopting this directive

thought that it might also progress negotiations on a

convention, currently being prepared by an intergovern-

mental group of experts, on mergers between public

limited liability companies of different member states.

The directive is expected to have only a limited effect

on existing merger practice in Ireland.

Independent Actuarial Advice regarding

Interests in Settled Property

and

Claims for Damages

BACON & WOODROW

Consulting Actuaries

58 Fitxwilliam Square

Dublin 2

(Telephone 762031)

Profit from

cashf low

When you have short-term f unds

to deposit, it will

pay you to get XBF(' to quote.

Northern Bank Finance Corporation Limited

Contact Donal Byrne at (01) 785066.

Or ask us to keep you in touch with

the market through our daily or weekly

quotation service.

Griffin House, Wilton Terrace, Dublin 2

Tel: (01) 785066/761672/766694

Telex: 4403

89/90 South Mall, Cork

Tel: (021) 504559/506835

Northern Bank Finance Corporation I : mi ted is a memOm of the Midland Bank Group

with assets exceeding £20.000 million and has full Trus'ee status

COMMISSION OF THE EUROPEAN

COMMUNITIES IN-SERVICE TRAINING

PROGRAMME

The Commission of the European Communities

organizes twice yearly in-service training periods

lasting from 3 to 5 months, for candidates from

universities and from the public and private sectors.

The training periods start on 16 February and 16

September each year and are held in Brussels.

Trainees are selected from among nationals of the

Member States of the European Communities on the

basis of academic qualifications.

Application forms and further details are available

from:

Mr. Denis Corboy,

Director,

Commission of the European

Communities,

Press and Information Office,

39 Molesworth Street,

Dublin 2.

Please note that applications must be received

months before the start of the training period (i.e. by

30 April or 30 September each year).

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