Companies Act 2014 section 903

Amendment to memorandum or articles

Section 903 deals with the requirement for ministerial approval before any changes can be made to the constitutional documents of the Irish Auditing and Accounting Supervisory Authority (IAASA).

• Any amendment to the memorandum of association of the Supervisory Authority requires the Minister's prior approval before it can take effect.
• Any amendment to the articles of association of the Supervisory Authority equally requires the Minister's prior approval before it can take effect.
• Without the Minister's prior approval, no alteration to either document can be carried into effect.
• This provision re-enacts section 7 of the Companies (Auditing and Accounting) Act 2003.