Joan Burton (Dublin West, Labour)

Under the CE structure, there are over 1,000 voluntary companies which are run by voluntary boards. The participation of the latter is really important. The fact that these 1,000 companies are limited by guarantee gives rise to major costs. I have seen some preliminary indications that in many areas the cost of an audit for some of these extremely small entities is between €1,800 and €2,000. That is the amount being charged and these are not even full audits. The insurance costs are also quite high. These are two areas in respect of which savings can be made.

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