Amended CARB Regulations
Amended CARB Regulations will come into effect on 1 December 2011.
In summary, the purpose of the key amendments is to:
- allow greater flexibility in the scheduling of the annual appointment meeting;
- introduce a one year ‘cooling off’ period for any former member of Council joining the CARB Board;
- reflect the fact that not all regulations made by the Board require the approval of the Irish Auditing & Accounting Supervisory Authority and that the approval of another authority may be necessary; and
- stipulate that only non-accountants may be appointed as chairperson or vice-chairperson of the Board.
To view the amended CARB Regulations click here.