Companies Act 2014 section 941

Appeals to and orders of the court, including orders confirming decisions of Supervisory Authority

Section 941 sets out how appeals to the court work regarding decisions of the Irish Auditing and Accounting Supervisory Authority (IAASA), the powers the court has when hearing those appeals, and the requirement for certain IAASA decisions to be confirmed by the court before they take effect.

• On appeal, the court may consider any evidence or argument, even if it was not presented to IAASA or the body whose decision is being challenged, and may confirm, modify, or annul the original decision.
• Certain significant IAASA decisions — including withdrawal of recognition from an accountancy body, censure of a relevant body, cost recovery from enquiries or investigations, and imposition of sanctions on specified persons — do not take effect until confirmed by the court.
• The court may grant or refuse permission for IAASA to investigate a possible breach by a specified person, and may set aside any related prior decision of the accountancy body if permission is granted.
• The court has broad powers to compel compliance with IAASA's rules, guidelines, recognition conditions, notices, directions, and settlement agreements, and may make any order or give any direction it considers appropriate.