The Gazette 1991

JULY/AUGUST 1991

GAZETTE

over a period of time. Initially, I believe that MDPs should b? opposed. In a small country such as Ireland, w i th a small commercial and business base introduction of anything other than a strictly controlled f o rm of MDP would be in- judicious. It is not app r op r i a te to compare large and economically s t r onger soc i e t i es such as Germany, the Netherlands and the UK, to Ireland. If MDPs are however intro-

other advisers/thus ex- cluding accountants who audit company accounts, since they may be deemed officers of companies. Ensure t h a t t he Law Society has the power to control any involve- ment by a solicitor in an MDP. Ensure that (at least) the Bar Coun c il and t he Law So c i e ty adopt a common approach to this matter.

duced I believe the Law Society should: 1. Ensure that solicitors are dominant i.e. forbid MDPs w i th any non-independent profession (stock brokers/ merchant banks/ estate agents).

2 .

Ensure that professions w i t h w h om MDPs are a l l owed have similar standards/codes of con- duct to solicitors (i.e. the Dutch model). Permit only MDPs w i th

3 .

ROSCOMMON BAR DRESS DANCE May 1991

(left to right): Mrs. Anthony McCormack; Mr. Anthony McCormack, County Registrar; Mrs. Rebecca Finnerty, President, Roscommon Bar Association; Raymond and Eileen Monahan, Sligo; Noel C. Ryan, Director General of the Law Society and Mrs. Una Ryan.

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