2013 Newsletter

Email Newsletter
The CRO newsletter facility allows subscribers to receive regular news updates from the office by email. These emails are delivered in text format:

1. CRO E-Zine
This is an electronic bulletin published once a month. It informs all subscribers of the current developments within the Office and also notifies subscribers of future events.

2. Interim Messages
The email newsletter service is effectively split in two (though only one subscriber list is used). Every subscriber receives delivery of the CRO E-Zine once every month. In the interim subscribers may receive further updates if necessary from the Office (urgent or time sensitive messages).

ELECTORAL AMENDMENT POLITICAL FUNDING ACT 2012

This Act was signed into law on 6/11/2012. One of the provisions of this Act reduces the amount threshold for disclosure of political donations made by a company, society or trade union on an annual return form completed by a company, society or trade union. With effect from 7/11/2013 the threshold for this disclosure has been significantly reduced from €5,079 to €200.

Companies, societies and trade unions making an annual return up to a date on or after7/11/2013 are required to disclose in that return all political donations in excess of €200 in the aggregate which were made by the company, society or trade union, as applicable, during the period covered by the annual return.

Companies, societies and trade unions making an annual return up to 6/11/2013 or earlier are required to disclose in that return all political donations in excess of €5,079 in the aggregate which were made by the company, society or trade union, as applicable, during the period covered by the annual return.

PUBLICATION OF COMPANIES BILL - 21ST DECEMBER 2012

The Companies Bill was published on 21st December 2012 by the Minister for Jobs, Enterprise and Innovation, Mr. Richard Bruton TD. The Bill proposes many changes to Company Law and consolidation of the various Companies Acts. It was presented before the Dáil on 23rd April. The Bill does not yet have legal effect. Link to Companies Bill 2012 and explanatory memorandum to the Bill.

B1 - ANNUAL RETURNS AND ACCOUNTS - SEND BACK LETTERS - REMINDER

Where an annual return is sent back by CRO for correction or for fees, Section 249A, Companies Act 1990, requires that the errors/omissions must be corrected and a fully compliant document delivered to the CRO within 14 days. If a fully compliant document is not delivered to the CRO within 14 days, the original document will be deemed not to have been delivered to the Registrar. The re-submitted document will then be treated as a fresh submission, potentially resulting in the company incurring late filing penalties and losing any entitlement to claim audit exemption for two years.

Please login or register to post comments.