Companies Act 2014

1097.

Application of section 167 to PLC that is not a public-interest entity under S.I. No. 220 of 2010

1097. Section 167 shall apply to a PLC that does not fall within F407 [ section 1551 (which relates to an obligation of a public-interest entity to establish an audit committee) ] and, for the avoidance of doubt, that section shall apply irrespective of the balance sheet amount or the amount of turnover of the PLC for any financial year.

Annotations

Amendments:

F407

Substituted (21.09.2018) by Companies (Statutory Audits) Act 2018 (22/2018), s. 46, S.I. No. 366 of 2018.

Editorial Notes:

E134

Previous affecting provision: section 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. 28, in effect as per regs. 1(2), 3 and subject to transitional provision in reg. 143; amendments substituted as per F-note above.