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

The purpose of these amendments is to ensure the existing law in relation to public auditors is maintained. The proposed amendment relates to the prohibition on connected persons acting as auditor of a society, at present covered by section 187(3)(a) to (f) and (4)(a) to (d) of the 1990 Act. The amendment also exempts the Comptroller and Auditor General from the section. A connected person is defined in relation to company directors in section 220 as a spouse, civil partner, brother, sister or child, a trustee of a trust of which the beneficiaries are the director and-or his family, a body corporate that the director controls, and any person who is in a partnership with the director.