Dáil debates

Thursday, 14 December 2006

Investment Funds, Companies and Miscellaneous Provisions Bill 2006 [Seanad]: Report and Final Stages

 

12:00 pm

Photo of Michael AhernMichael Ahern (Cork East, Fianna Fail)

I move amendment No. 14:

In page 8, between lines 39 and 40, to insert the following:

"14.—Section 29 of the Companies (Auditing and Accounting) Act 2003 is amended by substituting the following subsection for subsection (7):

"(7) On application under subsection (4) of section 10 for an order compelling compliance with—

(a) a rule adopted or guideline issued by the Supervisory Authority,

(b) a term or condition of recognition, or

(c)an obligation or obligations referred to in that subsection,

the Court may make any order or give any direction it thinks fit.".".

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