Seanad debates
Wednesday, 28 May 2003
Companies (Auditing and Accounting) Bill 2003: Committee Stage.
10:30 am
Michael Ahern (Cork East, Fianna Fail)
The amendment is designed to clarify that the written terms of reference of the audit committee are to be submitted for the information of shareholders rather than requiring their agreement. The terms of reference are required to be approved by the board of directors. I commend the amendment to the House.
Amendment agreed to.
Amendment No. 44 not moved.
Section 40, as amended, agreed to.
No comments