Companies Act, 1990

Prohibition on acting in relation to audit while disqualification order in force.

195.—(1) If a person who is subject or deemed to be subject to a disqualification order—

(a) becomes, or remains after 28 days from the date of the making of the order, a partner in a firm of auditors,

(b) gives directions or instructions in relation to the conduct of any part of the audit of the accounts of a company, or

(c) works in any capacity in the conduct of an audit of the accounts of a company,

he shall be guilty of an offence.

(2) Where a person is convicted of an offence under subsection (1), the period for which he was disqualified shall be extended for a further period of ten years from such date, or such other further period as the court, on the application of the prosecutor and having regard to all the circumstances of the case, may order.

(3) In this section—

(a) “company” has the meaning assigned to it by section 159 , and also includes any society registered under the Industrial and Provident Societies Acts, 1893 to 1978,

(b) “disqualification order” has the meaning assigned to it by section 159 .