Oireachtas Joint and Select Committees
Tuesday, 11 November 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Irish Collective Asset-Management Vehicles Bill 2014: Committee Stage
3:15 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
How does that subsection interact with subsection (6) which provides that the Central Bank may appoint an auditor where none is appointed by the ICAV? Where subsection (5) provides that the directors may appoint an auditor in the event that subsection (4) is not fulfilled, subsection (6) provides that the Central Bank may appoint the auditors in the event that subsection (4) is not fulfilled. If that is the case, in what circumstances could the provisions of subsection (5) come into play?
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