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GAZETTE
DECEMBER 1995
First Review of the Courts System
since 1927
The Working Group on a Courts
Commission, established by the
Minister for Justice, Mrs. Nora Owen,
TD, had its first meeting on
6 November, 1995. The Working Group
is chaired by Mrs. Justice Susan
Denham of the Supreme Court.
In a statement issued on the
establishment of the Working Group, the
Minister for Justice said that the Group
would be engaged in the first root and
branch examination of the courts system
since it was set up in 1927. The Group
would provide the opportunity "for a
thorough examination of the courts
system to ensure that it is meeting the
needs of today's society", she said.
The Working Group decided that it
would meet weekly and that its first act
should be to invite submissions from
interested individuals or groups in the
terms of the notice which is published
on page
In addition or as an
alternative to making submissions to the
The Investment Intermediaries Act
came into effect on I August, 1995.
This legislation provides for the
regulation of firms or individuals
("Investment Business Firms") who
engage in investment business or give
investment advice ("Investment
business Services"). It implements the
Investment Services Directive and
applies many of the principles in the
Insurance Act, 1989, to general
investment business.
The Central Bank has asked the
Society to ask solicitors involved in
company formation to alert clients
involved in providing
"investment
business services"
to the provisions
of the Investment Intermediaries
Act, 1995.
Under the Act any firm, whether
Working Group, any members of the
solicitors' profession who have specific
proposals on how the courts system
should be reformed are invited to
communicate them, preferably in
writing, to Ken Murphy, Director
General of the Law Society.
The members of the Group are: Mrs.
Justice Susan Denham, Supreme
Court; Mr. Justice Ronan Keane,
High Court; Mr. Justice Kevin
O'Higgins, Circourt Court; Mrs.
Justice Catherine McGuinness,
Circuit Court (Family Law); Judge
Peter Smithwick, District Court; Mr.
Anthony Hederman, Chairman of the
Law Reform Commission; Mr. Ken
Murphy, Director General of the Law
Society; Mr. James Nugent, S.C.,
Chairman of the Bar Council; Mr.
Ken Wright, Management Consultant;
former Attorney General Mr. John
Rogers, S.C.; Ms. Roisin McDermott,
Chairwoman of Women's Aid; Mr.
Kevin Duffy, ICTU Assistant General
corporate or non-corporate, which
falls under the definition of an
"investment business firm"
requires
an authorisation from either the
Central Bank of Ireland or the
Minister for Enterprise and
Employment. The nature of the
activities undertaken by an
investment business firm determines
which supervisory authority is
appropriate. Whether a company is
resident or non-resident in the State, is
irrelevant in determining whether it
falls under the provisions of the Act,
its activities are the determining
factor. Engaging in investment
business activities specified under the
Act without appropriate authorisation
is a criminal offence.
The Honourable Mrs. justice Susan Denham.
Secretary; Mr. Caoimhin O hUiginn,
Department of Justice; Mr. Colm
Breslin, Department of Finance; Mr.
Richard Barrett, Attorney
General's Office.
Lady Solicitors Golf Society
Outing at Kilkenny,
25 August 1995
\v)l
I//
Results
Captains Prize and Quinlan Trophy
-Muriel Walls
(16) 39pts
Second Prize -
Keyna McEvoy
(30)
38pts
Third Prize -
Barbara Cotter
(32)
38pts
Gross -
Virginia Rochford
(12) 24
Gross pts
Visitors Prize -
Joan Binchy
(16) 40pts
Sheila O'Gorman Trophy -
Maura
Deri van
(36) 34pts
First Nine - Helen Kilroy (21) 21 pts
Second Nine -
Eimear Cowhey
(28)
22pts
Officers 1995/96
Captain
Mary Gleeson
Secretary
Caroline
Crowley
Treasurer
Diana
Jamieson
Company Formations - Investment
Business Services
305