This Act provides for the use of electronic communications technology in the conduct of general meetings for companies and industrial and provident societies. It repeals certain provisions of the Companies Act 2014 and the Industrial and Provident Societies Act 1893, and outlines circumstances where companies are not entitled to an audit exemption under section 358 of the Companies Act 2014. Additionally, it disapplies the Probation of Offenders Act 1907 concerning offences under section 343 of the Companies Act 2014.

Furthermore, the Act includes amendments to facilitate the rescue of small and micro companies, specifies additional grounds for the involuntary strike-off of companies, and extends the list of competent authorities permitted to receive certain disclosures from the Authority. It also introduces offences for obstructing officers of the Corporate Enforcement Authority and enables the Irish Auditing and Accounting Supervisory Authority to utilise reserves in accordance with section 919 of the Companies Act 2014.