Seanad debates
Wednesday, 20 May 2009
Companies (Amendment) Bill 2009: Committee Stage
Mary Coughlan (Donegal South West, Fianna Fail)
The purpose of my amendment is to insert a specific offence for the failure to comply with any of the requirements of section 41 of the 1990 Act, which is the requirement that companies disclose in their accounts the existence of loans or substantial contracts etc., with directors and others. There is no offence.
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