Companies Act 2014

CHAPTER 20

Removal and resignation of statutory auditors

394.

Removal of statutory auditors: general meeting

394. A company may, by ordinary resolution at a general meeting, remove a statutory auditor and appoint, in his or her place, any other person or persons, being a person or persons—

(a) who have been nominated for appointment by any member of the company and who are qualified by virtue of F208 [ Part 27 ] to be statutory auditors of the company, and

(b) of whose nomination notice has been given to its members,

but this is—

(i) subject to section 395 , and

(ii) without prejudice to any rights of the statutory auditor in relation to his or her removal under this section.

Annotations:

Amendments:

F208

Substituted (21.09.2018) by Companies (Statutory Audits) Act 2018 (22/2018), s. 13, S.I. No. 366 of 2018.

Editorial Notes:

E45

Previous affecting provision: para. (a) amended (17.06.2016) by European Union (Statutory Audits) (Directive 2006/43/EC, as amended by Directive 2014/56/EU, and Regulation (EU) No 537/2014) Regulations 2016 (S.I. No. 312 of 2016), reg. 13, in effect as per regs. 1(2), (3) and subject to transitional provision in reg. 143; amendment substituted as per F-note above.