Damien English (Meath West, Fine Gael) | Oireachtas source

This is a refinement to clarify that the term "properly prepared" refers to statutory financial statements and not also to the "initial" and "interim" financial statements. This provision is only applicable to public limited companies and therefore a deletion is necessary in this section. Amendment No. 120 remedies the position in Part 17 which governs alterations and modifications of the general law to public limited companies.