Companies Act 2014

911.

Annual programme of expenditure

911. (1) The annual programme of expenditure referred to in section 910(4)(c) shall not be included in the work programme unless it has first been approved by the Minister under subsection (3).

(2) The Minister shall not so approve the annual programme of expenditure unless the Minister has first—

(a) considered the views of the prescribed accountancy bodies, and

(b) obtained the consent of the Minister for Public Expenditure and Reform,

and this subsection extends to an approval by the Minister of the programme with amendments.

(3) The Minister may approve the annual programme of expenditure with or without amendment by the Minister.

(4) If the Minister approves the annual programme of expenditure with amendments, the Supervisory Authority—

(a) may revise any other part of the work programme, and

(b) if it does so, shall submit to the Minister the revised work programme, including the annual programme of expenditure as amended by the Minister.