The Gazette 1980

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.

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).

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

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