Companies Act 2006, Paragraph 7A is up to date with all changes known to be in force on or before 02 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
[F17A.(1)The body must have rules and practices governing the adaptation period and the ability assessment referred to in section 1221 (approval of third country qualifications), and the following provisions of this paragraph apply in any case within that section.U.K.
(2)The body must have regard to the circumstances of each applicant in relation to the adaptation period, and the ability assessment, to be required of the applicant.
(3)The applicant may be required to undergo further training during the adaptation period.
(4)The applicant’s performance during the adaptation period must be assessed by the body.
(5)The body must determine the applicant’s professional status during the adaptation period.]
Textual Amendments
F1Sch. 10 para. 7A inserted (6.4.2018) by The Statutory Auditors Regulations 2017 (S.I. 2017/1164), reg. 1(2)(3), Sch. 1 para. 22 (with reg. 2(6)(7))
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