The Supervision of Accounts and Reports (Prescribed Body) Order 2007

Statutory Instruments

2007 No. 2583

companies

The Supervision of Accounts and Reports (Prescribed Body) Order 2007

Made

3rd September 2007

Laid before Parliament

5th September 2007

Coming into force

1st October 2007

It appears to the Secretary of State that the Financial Reporting Review Panel is a body:

(a) having an interest in, and having satisfactory procedures directed to, monitoring compliance by issuers of transferable securities with accounting requirements imposed by Part 6 rules(1) in relation to periodic accounts and reports produced by such issuers;

(b) which is otherwise a fit and proper body to be appointed;

(c) which will exercise its functions as a prescribed body in accordance with the requirements of this Order;

The Secretary of State makes the following Order in exercise of the powers conferred on him by section 14(1), (5) and (8) of the Companies (Audit, Investigations and Community Enterprise) Act 2004(2):

(1)

Defined in section 103(1) of the Financial Services and Markets Act 2000 (c. 8); section 103 was substituted by S.I. 2005/1433.

(2)

2004 c.27; section 14 was amended by Schedule 15 to the Companies Act 2006 (c. 46).