Dáil debates

Tuesday, 10 July 2018

Companies (Statutory Audits) Bill 2017: Report and Final Stages

 

9:00 pm

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

I move amendment No. 5:

In page 8, to delete lines 6 to 20.

I welcome the fact that Deputies Kelleher, Quinlivan and I are agreed on this issue. Amendment No. 5 deletes section 10, which is the section that proposes to introduce the possibility for a company to apply to the District Court for a waiver of the late filing fee. However, following representations made to me and other Deputies, I can see this is not practical. The late filing fee is €100 for the first day and €3 for each day after that up to a maximum of €1,200. On that basis there might be little or no saving for a company that applies to the courts. For this reason I support amendment No. 5.

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