Companies Act 2014


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 F701[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.




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

Editorial Notes:


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.