Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source

Amendment No. 59 allows the board to nominate a director to present the accounts to members at the AGM. This role was previously performed by the treasurer. However, as the position of treasurer is being removed, the amendment is being introduced to maintain the reporting roles in a different way. The amendment also provides that it is the role of the board to consider any updated financial statements provided to it by the manager and mirrors the provisions in section 63A(4)(c). Other amendments are minor technical amendments that are required to correct cross-references consequential on the amendments proposed.