Question 1

What does the Companies (Corporate Enforcement Authority) Bill 2021 do?

Accepted Answer

Replaces the Director of Corporate Enforcement with a new Corporate Enforcement Authority (a commission of 1–3 full-time members appointed by the Minister) that inherits all enforcement, investigation and prosecution functions under the Companies Act 2014. Transfers all staff, powers and liabilities of the Director's office to the Authority; existing Director becomes automatic Authority member on same terms; authority regulates own procedures and must act independently. Makes Authority accountable to Public Accounts Committee on financial regularity and to Oireachtas Committees on general administration, with High Court review available if Committee requests testimony on matters subject to court proceedings.

Question 2

What stage is the Companies (Corporate Enforcement Authority) Bill 2021 at?

Accepted Answer

As of 11 Sep 2024, the Companies (Corporate Enforcement Authority) Bill 2021 is at Enacted. Once a bill passes every stage in both Houses of the Oireachtas and is signed by the President, it becomes law.

Question 3

Who introduced the Companies (Corporate Enforcement Authority) Bill 2021?

Accepted Answer

The Companies (Corporate Enforcement Authority) Bill 2021 was sponsored by Minister for Enterprise, Trade and Employment, and was introduced on 3 Sep 2021.

Companies (Corporate Enforcement Authority) Bill 2021

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