Oireachtas Joint and Select Committees

Wednesday, 21 November 2012

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Credit Union Bill 2012: Committee Stage

5:50 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

I move amendment No. 130:

In page 88, between lines 56 and 57, to insert the following:

"

93Section 114(1)Substitute:
“(1) A person shall not be qualified for election as auditor of a credit union unless the person--
(a) is a member of a recognised accountancy body within the meaning of the European Communities (Statutory Audits) (Directive 2006/43/EC) Regulations 2010 (S.I. No. 220 of 2010) and holds a valid practising certificate, or
(b) is otherwise for the time being authorised by the Supervisory Authority under any provision of the Companies Acts to be appointed as a public auditor.”.

".

Comments

No comments

Log in or join to post a public comment.