Companies Act 2014
F353 [ Supplemental provisions in relation to section 934 - relevant directors
936A. (1) This section applies if —
(a) either —
(i) a specified person is the subject of a decision under section 934(9) that he or she has committed a relevant contravention, or
(ii) the Supervisory Authority and a specified person who falls within paragraph (b) of the definition of ‘ specified person ’ have entered into a section 934E agreement in respect of a relevant contravention that the Supervisory Authority reasonably believes that the person has committed,
(b) that contravention relates, whether directly or indirectly, to the audit of a public-interest entity.
(2) The Supervisory Authority shall, as soon as is practicable, give the Director particulars of —
(a) the specified person,
(b) the relevant contravention, and
(c) the public-interest entity.
(3) The Supervisory Authority shall, in addition to complying with subsection (2) , give the Director such information and documents and assistance as the Director may reasonably require for the Director to decide whether or not —
(a) to investigate under Part 13 a relevant director, or
(b) to impose, under section 957B , a relevant sanction (within the meaning of section 957AA ) on a relevant director for engaging in conduct giving rise (whether in whole or in part) to the relevant contravention,
or both. ]
Inserted (21.09.2018) by Companies (Statutory Audits) Act 2018 (22/2018), s. 37, S.I. No. 366 of 2018.