Updated to 26 June 2019 (Act No. 18 of 2019 and S.I. No. 292 of 2019)

Contents

Commencement

SectionCommencement DateCommencement Information
Ss. 1-3 6 April 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 3(a)
Ss. 4-8 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(a)
S. 9(1) 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(a)
S. 9(2)(a)-(k) 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(a)
S. 9(2)(l) Not yet commenced. Requires commencement order under s. 2
S. 9(2)(m), (n) 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(a)
S. 10 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(b)
Ss. 11-14 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(b)
S. 15(1) 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(c)
S. 15(2) Not yet commenced. Requires commencement order under s. 2
S. 15(A), (B) 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(c)
S. 15(3)-(10) 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(c)
Ss. 16-22 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(d)
Ss. 23-25 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(c)
S. 26 Not yet commenced. Requires commencement order under s. 2
Ss. 27, 28 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(d)
S. 29(1)-(4) 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(e)
S. 29(5) Not yet commenced. Requires commencement order under s. 2
S. 29(6), (7) 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(e)
Ss. 30, 31 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(e)
S. 32 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 56 of 2006), art. 2(f)
S. 33 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(e)
Ss. 34, 35 Not yet commenced. Requires commencement order under s. 2
S. 36 27 January 2009 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2009 (S.I. No. 13 of 2009), art. 2
S. 37(a)-(c) 1 March 2007 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2007 (S.I. No. 61 of 2007), art. 2
S. 37(d) Not yet commenced. Requires commencement order under s. 2
S. 37(e) 1 March 2007 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2007 (S.I. No. 61 of 2007), art. 2
Ss. 38-40 28 April 2010 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2010 (S.I. No. 177 of 2010), art. 2
Ss. 41-45 Not yet commenced. Requires commencement order under s. 2
S. 46 17 May 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 5(a)
S. 47 in so far as not already in operation  1 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2005 (S.I. No. 686 of 2005), art. 3
S. 47 in so far as it substitutes ss. (6) and (6A) for Companies Act 1963 (33/1963), s. 128(6)  17 May 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 5(b)(i)
S. 47 in so far as it substitutes s. (6B) other than paragraph (b) for Companies Act 1963 (33/1963), s. 128(6)  17 May 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 5(b)(ii)
S. 47 in so far as it substitutes s. (6C) for Companies Act 1963 (33/1963), s. 128(6)  17 May 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 5(b)(iii)
Ss. 48-51 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(f)
S. 52 6 April 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 3(b)
S. 53(a) 6 April 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 3(b)
S. 53(b) 1 July 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 4
S. 53(c)-(e) 6 April 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 3(b)
Ss. 54-57 6 April 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 3(b)
S. 58 13 December 2005 Companies (Auditing and Accounting) Act 2003 (Commencement) (No. 2) Order 2005 (S.I. No. 791 of 2005), art. 2(g)
S. 59 Not yet commenced. Requires commencement order under s. 2
Sch. 1 3 February 2006 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2006 (S.I. No. 56 of 2006), art. 2(g)
Sch. 2 except in so far as it amends Companies Act 1963 (33/1963), ss. 115(6), 128(4), and Companies Act 1990 (33/1990), ss. 80(10), 161(6) 6 April 2004 Companies (Auditing and Accounting) Act 2003 (Commencement) Order 2004 (S.I. No. 132 of 2004), art. 3(c)
Sch. 2 in so far as it amends Companies Act 1963 (33/1963), ss. 115(6), 128(4), and Companies Act 1990 (33/1990), ss. 80(10), 161(6) Not yet commenced. Requires commencement order under s. 2

Amendments and other effects

How AffectedAffecting Provision
Repealed with savers and transitional provisions 38/2014, ss. 1(2), (3), 4(1), 5, sch. 2 pt. 1, sch. 6
Applied S. I. No. 220 of 2010, reg. 105(1)
Constr. refs. “Pensions Board” 25/1990, s. 9A (see
  20/2013, ss. 1(5), 26)
Saver for functions under S. I. No. 220 of 2010, reg. 80(3)
Trans. of cert. functns. under S.I. No. 418 of 2011, arts. 1(2), 3 & sch. 1
S. 4(1) definition of "recognised accountancy body" substituted S.I. No. 220 of 2010, reg. 14(a)
S. 5 saver 38/2014, ss. 1(2), 901
S. 8(1)(c) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 9(2)(b)(i) application extended S. I. No. 220 of 2010, reg. 82(2)
S. 9(2)(b)(ii) application extended S. I. No. 220 of 2010, reg. 82(2)
S. 9(2)(c) application extended S. I. No. 220 of 2010, reg. 86(2)
S. 9(2)(c) applied S. I. No. 220 of 2010, reg. 42(2)
S. 9 (2)(l) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 9(2)(ma) par. ins. 41/2006, ss. 2(1), 16
S. 9(2)(mb) par. ins. S.I. No. 220 of 2010, reg. 14(b)
S. 10(4) am. 41/2006, ss. 2(1), 17(a)(iv)
S. 10(4)(a) am. 41/2006, ss. 2(1), 17(a)(i)
S. 10(4)(b) am. 41/2006, ss. 2(1), 17(a)(ii)
S. 10(4)(c) par. ins. 41/2006, ss. 2(1), 17(a)(iii)
S. 10(4)(c) am. S.I. No. 220 of 2010, reg. 79(a)
S. 10(5) subsec. ins. 41/2006, ss. 2(1), 17(b)
S. 10(5)(a) am. S.I. No. 220 of 2010, reg. 79(b)(i)
S. 10(5)(b) am. S.I. No. 220 of 2010, reg. 79(b)(ii)
S. 10(5)(c) ins. S.I. No. 220 of 2010, reg. 79(b)(iii)
S. 10(5)(d) ins. S.I. No. 220 of 2010, reg. 79(b)(iii)
S. 11(1)(b) amended S. I. No. 220 of 2010, reg. 81(a)(i) & (ii)
S. 13 saver 38/2014, ss. 1(2), 910(2)
S. 14(9) trans. of cert. functns. under. 10/2011, ss. 1(2), 6, 9, 20 & Sch. 2 pt. 1
S. 14A ins. 46/2013, ss. 7(a), 11(5)
S. 15(1) saver 38/2014, ss. 1(2), 919(1)
S. 16(1) am. 46/2013, ss. 7(b), 11(5)
S. 22 applied S.I. No. 277 of 2007, regs. 1(2), 77(2)
S. 23 procedures for enquiries under S.I. No. 96 of 2012
  S.I. No. 667 of 2007
S.23 restrictions on investigation where enquiry under S.I. No. 355 of 2009, regs. 4(3), 5(2)
S. 23 saver S. I. No. 220 of 2010, reg. 49(6)
S. 23(13) subs. inserted S. I. No. 220 of 2010, reg. 81(b)
S. 24 powers under extended to authority S. I. No. 220 of 2010, reg. 121(3)
S. 24 applied with modifications S. I. No. 220 of 2010, reg. 121(4)
S. 24 procedures for investigations under S.I. No. 97 of 2012
  S.I. No. 355 of 2009
  S.I. No. 667 of 2007, reg. 8
S. 24 saver S. I. No. 220 of 2010, reg. 49(6)
S. 24(7) amended S. I. No. 220 of 2010, reg. 90(b)
S. 24(7) applied S.I. No. 355 of 2009, reg. 15
S. 24(7)(b) amended S. I. No. 220 of 2010, reg. 90(a)
S. 24(7A) subs. inserted S. I. No. 220 of 2010, reg. 90(c)
S. 24(11A) subsec. inserted S.I. No. 220 of 2010, reg. 36
S. 24(11B) subsec. inserted S.I. No. 220 of 2010, reg. 36
S. 24(11C) subsec. inserted S.I. No. 220 of 2010, reg. 36
S. 24(13) subs. inserted S. I. No. 220 of 2010, reg. 81(c)
S.26 am. S.I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(2)
S. 26(3)(b) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 26(4)(a) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 26(4)(b) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 26(6) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 26(8) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 26(8)(a) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 26(10)(a) am. S. I. No. 116 of 2005, reg. 9, sch. 1, pt. 5(1)
S. 26(12) am. 23/2010, ss. 2, 15(2), sch. 2, pt. 2, item 1
S. 27(1) saver 38/2014, ss. 1(2), 937(6)
  45/2009, s. 4(2)
S. 27(1) substit. 45/2009, s. 4(1)(a)
S. 27(1) applied S.I. No. 96 of 2012, regs. 1(3), 9
  S.I. No. 355 of 2009, reg. 3(1)
  S.I. No. 667 of 2007, reg. 3(1)
S. 27(4) am. 45/2009, s. 4(1)(b)
S. 28(1) applied S.I. No. 97 of 2012, regs. 1(3), 8
  S.I. No. 96 of 2012, regs. 1(3), 9
  S.I. No. 355 of 2009, reg. 8
  S.I. No. 667 of 2007, reg. 9(1)
S. 29 (6) applied S.I. No. 667 of 2007, reg. 13(1)
S. 29(7) substit. 41/2006, ss. 2(1), 18
S. 31 restricted S.I. No. 220 of 2010, reg. 52
S. 31 applied S.I. No. 97 of 2012, regs. 1(3), 4(17), 5(9), 15(4)
  S.I. No. 96 of 2012, regs. 1(3), 4(12), 5(6)
  S.I. No. 355 of 2009, regs. 8(5), 20
  S.I. No. 667 of 2007, reg. 4(12), 5(6)
S.31 saver S.I. No. 277 of 2007, regs. 1(2), 75(2)
S.31(1) applied S.I. No. 97 of 2012, regs. 1(3), 20
  S.I. No. 355 of 2009, regs. 8, (2)(ii)
S. 31(3) bodies prescribed for the purposes of S.I. No. 113 of 2011, regs. 2, 3
  S.I. No. 619 of 2006, regs. 2, 3
S. 31(3)(a) amended S.I. No. 220 of 2010, reg. 53(a)
S.31(3)(a) applied S.I. No. 97 of 2012, regs. 1(3), 14
  S.I. No. 355 of 2009, reg. 14
S. 31(3)(b)(viii) am. 23/2010, ss. 2, 15(2), sch. 2, pt. 2, item 2
S. 31(3)(b)(xv) amended S.I. No. 220 of 2010, reg. 53(b)
S. 31(3)(c) par. inserted S.I. No. 220 of 2010, reg. 53(c)
S.37 (d) rep. 12/2005, ss. 2 (1), 73 (3)
S. 48(1)(a) bodies of accountants prescribed for the purposes of S.I. No. 57 of 2006, regs. 1(2), 2
S. 48(1)(f) applied S.I. No. 667 of 2007, reg. 12(1)(d)(ii)
Sch. 2. am. 12/2005, ss. 2 (1), 73 (4) (a) (b)

SIs made under the Act

SectionSIs made under the Act
S. 28(4) Companies (Auditing and Accounting) Act 2003 (Procedures Governing the Conduct of Section 24 Investigations) Regulations 2012 (S.I. No. 97 of 2012)
  Companies (Auditing and Accounting) Act 2003 (Procedures Governing the Conduct of Section 23 Enquiries) Regulations 2012 (S.I. No. 96 of 2012)
  Companies (Auditing and Accounting) Act 2003 (Procedures Governing the Conduct of Section 24 Investigations) Regulations 2009 (S.I. No. 355 of 2009)
  Companies (Auditing and Accounting) Act 2003 (Procedures Governing the Conduct of Section 23 Enquiries) Regulations 2007 (S.I. No. 667 of 2007)
S. 48(1)(a) Companies (Auditing and Accounting) Act 2003 (Prescribed Accountancy Bodies) Regulations 2006 (S.I. No. 57 of 2006)
S. 48(1)(i) Companies (Auditing and Accounting) Act 2003 (Prescribed Persons) Regulations 2011 (S.I. No. 113 of 2011)
  Companies (Auditing and Accounting) Act 2003 (Prescribed Bodies for Disclosure of Information) Regulations 2006 (S.I. No. 619 of 2006)