Oireachtas Joint and Select Committees

Friday, 18 August 2017

Joint Oireachtas Committee on Transport, Tourism and Sport

Report into Ticketing at Rio Olympic Games: Discussion (Resumed)

9:00 am

Ms Sarah O'Shea:

I will speak to the Deloitte report because there are two different pieces of reform, namely, the Deloitte report and the code for good governance. Ms Keane may wish to address some issues in this regard. At our AGM on 22 June we presented many changes to the members and all changes were unanimously approved. At the AGM we updated our constitution, including changes to bring it in line with company law. We took legal advice on that issue and it is now fully in line with company law. All those changes were approved. We got advice to bring the constitution in line with the requirements of the Revenue Commissioners to ensure we retain our sporting tax exemption. All those changes have been completed and approved by members. A number of other changes were brought in in light of the Deloitte report which contains 25 recommendations, five of which had already been implemented through practice and procedure in the office, such as bringing the CEO into meetings and so on. Seventeen of the 25 recommendations were passed by the members at the AGM on 22 June and eight remain to be implemented. Our governance committee is meeting in that regard and it is intended to bring the remaining recommendations to an EGM which we have told our membership will probably take place in November.

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