Seanad debates
Wednesday, 16 April 2003
Companies (Auditing and Accounting) Bill 2003: Second Stage.
Let me take one other instance. Where are we to find these non-executive directors? They are difficult to find at the moment. The onus on a non-plc company, a private limited company, is far too great to make sense. The directors will have to be familiar with a level of detail which in order to sign a compliance statement means the only choice they will have will be to get consultants to check on the environment, on tax, on food safety and on everything else, and to say "Yes, I have done this."
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