Seanad amendment No. 225: Section 1117: In page 838, between lines 16 and 17, to insert the following:“Modification of definition of “IAS Regulation” in the case of PLCs 1117.The definition of “IAS Regulation” in section 274(1)shall apply in the case of PLC as if “and a reference to Article 4 of that Regulation is, where the financial statements concerned are entity financial statements or the company concerned is not a traded company (within the meaning of section 1368), a reference to Article 5 of that Regulation” were substituted for “and a reference to Article 4 of that Regulation is, in the case of a private company limited by shares, a reference to Article 5 of that Regulation”.”.

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