Seanad debates

Wednesday, 16 April 2003

Companies (Auditing and Accounting) Bill 2003: Second Stage.

 

It is not correct to say members of the board will interfere with the disciplinary process. The position is clear and the Minister of State set it out clearly. They will intervene only where issues are brought to the attention of the board. This legislation emerged from people writing to Members of these Houses and others pointing out that they had brought complaints to bodies but they were not dealt with and asking how high profile accountants could continue to be in operation, etc. We know what was going on.

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