Part 15 – Function of Registrar and Regulatory and Advisory Bodies

4 Chapters – Sections 887 to 962

Chapter Overview

Chapter 1 – Registrar of Companies

Chapter 2 – Irish Auditing and Accounting Supervisory Authority

Chapter 3 – Director of Corporate Enforcement

Chapter 4 – Company Law Review Group

Part 15 Summary

The functions and powers of the various regulatory and advisory bodies.

What is new?

The Act brings together for the first time the various powers and duties of the Registrar of Companies, IAASA and the Director of Corporate Enforcement.

What is different?

It will be possible to authenticate documents for the CRO other than by signing or sealing them and provision has been made in the Act for delivery of documents to the Registrar in electronic format.

What are the Key Points?

• Powers and duties of the various regulatory and advisory bodies in one place
• Authentication of documents

What do accountants need to do?

Accountants should be aware of the various filings to be made to the relevant bodies and the applicable deadlines and the reasons for rejection of documents.

What do companies need to do?

Companies must be aware of the filings they are required to make and the penalties for failure to comply with these requirements.