There are currently no known outstanding effects for the The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016, Section 24.
24.—(1) Regulation 39 (auditor’s report) is amended as follows.
(2) In section 495 (auditor’s report on LLP’s annual accounts)—
(a)in the last sentence of subsection (3)—
(i)after “this subsection” insert “or subsection (3A)”; and
(ii)for “section 474” substitute “sections 464, 471 and 474”; and
(b)after subsection (3) insert—
“(3A) Subsection (3B) applies to the auditors of an LLP which qualifies as a micro-entity in relation to a financial year (see sections 384A and 384B) in their consideration of whether the non-IAS individual accounts of the LLP for that year give a true and fair view as mentioned in subsection (3)(a).
(3B) Where the accounts contain an item of information additional to the micro-entity minimum accounting items, the auditors must have regard to any provision of an accounting standard which relates to that item.”.
Commencement Information
I1Reg. 24 in force at 17.5.2016, see reg. 2(1)
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