SCHEDULES

SCHEDULE 14Statutory auditors: consequential amendments

1Companies (Audit, Investigations and Community Enterprise) Act 2004 (c. 27)

1

Section 16 of the Companies (Audit, Investigations and Community Enterprise) Act 2004 (c. 27) (grants to bodies concerned with accounting standards etc) is amended as follows.

2

In subsection (2)—

a

in paragraph (f) for “paragraph 17” to the end substitute “paragraph 21, 22, 23(1) or 24(1) of Schedule 10 to the Companies Act 2006;”,

b

in paragraph (g) for “Part 2 of that Act” substitute “Part 42 of that Act”.

3

In subsection (5), in the definition of “professional accountancy body”—

a

in paragraph (a) for “Part 2 of the Companies Act 1989 (c. 40)” substitute “Part 42 of the Companies Act 2006”, and

b

in paragraph (b) for “section 32” substitute “section 1220”.