Seanad debates
Wednesday, 16 April 2003
Companies (Auditing and Accounting) Bill 2003: Second Stage.
Section 25 allows the supervisory authority to undertake a review of how the members of recognised bodies are being regulated. As regards sanctions that can be applied against a member who refuses to co-operate, the reference in subsection 2(c) essentially relates to the new section 192A – being inserted into the 1990 Act by section 35 of the Bill – which effectively gives statutory backing to the disciplinary procedures of prescribed accountancy bodies.
No comments