Law No. 127 of 21 July 2000 on the modification and completion of the art. 156 of the law nr. 31/1990 on the ISSUING companies, the PARLIAMENT Published in MONITORUL OFICIAL nr. 345 of 25 July 2000, the Romanian Parliament adopts this law.
Sole article Article 156 of the law nr. 31/1990 on the companies, republished in the Official Gazette of Romania, part I, no. 33 of 29 January 1998, changed and completed as follows: 1. paragraph (1) shall read as follows: Art. 156. (1) the Auditors may be shareholders, with the exception of the censor's chartered accountant or certified public accountant, who can be third party why practise individually or in associative forms. "
2. Paragraph (2), subparagraph (b)) shall read as follows: "(b)) persons who receive in any form for other functions than that of trustee, a salary or remuneration to administrators or society or whose employers are in contractual relations or is in competition with it;"
3. in paragraph 2, after subparagraph (c)) is inserted in point d) with the following content: "d) persons who, during the exercise of powers conferred by this quality, occupy functions within public institutions involved in the financial control of the Ministry of Finance or, except as expressly provided for by law."
This law was adopted by the Senate at its meeting on 12 June 2000, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
SENATE CHAIRMAN MIRCEA IONESCU-QUINTUS this law was adopted by the Chamber of deputies at its meeting on 13 June 2000, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. CHAMBER of DEPUTIES PRESIDENT, MIRON TUDOR MITREA------------