The Republic of Latvia Cabinet of Ministers Regulations No. 132 in 1997 on 2 April (18.16. ¤) the amendments to the law "on limited liability companies" Issued by the constitutional article 81 in order to make the law "on limited liability companies" (the Republic of Latvia Supreme Council and Government Informant, 1991, 9/10, 23; 1992, 22/23.nr./24.nr.; The Saeima of the Republic of Latvia and the Cabinet of Ministers rapporteur, 1995, no. 3; 1996, no. 21) the following amendments: 1. Express article 39, the first paragraph by the following: "1. the Member shall hold an ordinary meeting of the society's Executive Body annually not later than four months after the financial year end, but companies that exceed the scope of the law" on the annual accounts of companies "in the second paragraph of article 24, the criteria listed in, and companies which are the parent company, not later than seven months after the financial year end."
2. To make the first paragraph of article 41-paragraph 6 by the following: "6) cancel or withdraw from Office and appoint or elect to the Executive Body and the members of the Audit Commission (Auditor) and the Chartered Auditors, to rule on a claim brought against them or a waiver, to decide on the company's executive remuneration;".
3. Express article 47, the first paragraph by the following: "1. the firm controls the Audit Commission (Auditor), sworn auditors, and permanent or temporary Commission separate questions."
4. Add to article 47 of the fourth subparagraph by the following: "4." Those companies that are exempt from the certified auditor of the audit, the Audit Commission or the election of the Auditors is mandatory. "
5. Express article 48 the following: ' article 48. Certified Auditor and auditing Commission (Auditor) not later than 1 month before the current meeting of members shall notify the executive body of sworn auditors and Audit Committee (Auditor) that the company's annual report, balance sheet and concluded the documents available for inspection.
2. sworn auditors and auditing Commission (Auditor) have the right to view and audit all public property and verify all the company's activities.
3. sworn auditors and Audit Committee (Auditor) shall have the right at any time to take immediate control and inspection measures. They may invite experts or specialist and is responsible for them. About pieaicināmaj persons, the members of the Audit Commission (Auditor) shall report to the executive body of the company, as well as the remuneration of outside persons, in coordination with the Executive.
4. sworn auditors and Audit Committee (Auditor) of the company must be reported to the Executive and members of the public meeting about perceived shortcomings and irregularities and the subject of the executive departments.
5. Audit Committee (Auditor) seven days before the current meeting of members shall be submitted to the executive body of the public report on the annual report of the test results. Report to the executive body of the participants read statements during the current meeting.
6. For sworn auditors the audit in accordance with the law "on the annual accounts of undertakings ' requirements make up the opinion of the executive body with your explanation and the annual report shall be submitted to the current meeting of the participants.
7. Sworn Auditors and Audit Committee (Auditor) shall carry out their work in accordance with the applicable laws and regulations. They charge the public and third parties for losses due to erroneous or unlawful her activities. Sworn auditors and Audit Committee (Auditor) responsible for the Executive Body and its subsidiary organs. "
Prime Minister a. slice financial Minister r. tit