Fines system for minor breaches in company law

Irish businesses will soon be able to pay on-the-spot fines for breaches of company law, rather than face costly court proceedings.

Ian Kehoe - avatar

Ian Kehoe

10th February, 2007

Irish businesses will soon be able to pay on-the-spot fines for breaches of company law, rather than face costly court proceedings.

The new policy will be announced by the government in the coming months and will save thousands of Irish companies from appearing in court for minor breaches of the Companies Acts.

The Office of the Director of Corporate Enforcement (ODCE) asked the government in recent months to introduce the administrative fines system, and the...

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