Joe O'Toole (Independent)

As a member of the board of the Irish Auditing and Accounting Supervisory Authority within whose remit this issue falls, I have many views on the issue of auditing standards, on which I will not speak at this time. However, company law is an issue at which we need to look carefully. I want the Minister to indicate clearly his views as to whether a person needs to be in breach of written legislation in order to be in breach of company law.