Companies Act 2014

F575[Immediate action required to protect public


934B. (1) This section applies if the Supervisory Authority is of the opinion that the nature or gravity of the possible relevant contravention committed by a specified person warrants, in the interest of protecting the public, a direction to the specified person prohibiting him or her from carrying out statutory audits or signing statutory auditors reports, or both, until steps or further steps are taken under section 934 in relation to that contravention by that person.

(2) The Supervisory Authority may make an ex parte application to the court for a direction referred to in subsection (1) until the steps or further steps referred to in that subsection are taken.]




Inserted (21.09.2018) by Companies (Statutory Audits) Act 2018 (22/2018), s. 35, S.I. No. 366 of 2018.