Form of Registers & Inspection of Registers, Etc.

Part 4 – Corporate Governance

Section 213 deals with the keeping of registers, minutes, and so on.

If the records, etc, are kept electronically, the Act states that “adequate precautions” should be taken to prevent falsification.

Failure to do this can leave an officer open to a €5,000 fine or 6 months in prison.

The Act specifically deals with computers in Section 214, which is taken from the C(A)A 1977.

The provisions regarding the inspection of registers are new and can be found at Section 215 and 216.