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Companies Act 2006

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Changes over time for: Section 1241

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Version Superseded: 31/12/2020

Status:

Point in time view as at 10/01/2020. This version of this provision has been superseded. Help about Status

Changes to legislation:

Companies Act 2006, Section 1241 is up to date with all changes known to be in force on or before 19 January 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. Help about Changes to Legislation

1241[F1Meaning of “registered third country auditor” and “UK-traded non-EEA company”]U.K.
This section has no associated Explanatory Notes

(1)In this Part—

  • F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  • registered third country auditor” means a third country auditor who is entered in the register kept in accordance with regulations under section 1239(1).

(2)[F3 In this Part “ UK-traded non-EEA company ” means a body corporate— ]

(a)which is incorporated or formed under the law of [F4a third country] ,

(b)whose transferable securities are admitted to trading on a regulated market situated or operating in the United Kingdom, and

(c)which has not been excluded, or is not of a description of bodies corporate which has been excluded, from this definition by an order made by the Secretary of State.

(3)For this purpose—

  • regulated market” has the meaning given by [F5Article 4.1.21 of Directive 2014/65/EU] of the European Parliament and of the Council on markets in financial instruments;

  • transferable securities” has the meaning given by [F6Article 4.1.44] of that Directive.

(4)An order under this section is subject to negative resolution procedure.

Textual Amendments

F5Words in s. 1241(3) substituted (29.6.2017 for specified purposes, 3.7.2017 for specified purposes, 31.7.2017 for specified purposes, 3.1.2018 in so far as not already in force) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (S.I. 2017/701), reg. 1(2)(3)(4)(6), Sch. 4 para. 9(8)(a) (with reg. 7)

F6Words in s. 1241(3) substituted (29.6.2017 for specified purposes, 3.7.2017 for specified purposes, 31.7.2017 for specified purposes, 3.1.2018 in so far as not already in force) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (S.I. 2017/701), reg. 1(2)(3)(4)(6), Sch. 4 para. 9(8)(b) (with reg. 7)

Commencement Information

I1S. 1241 wholly in force at 6.4.2008; s. 1241 not in force at Royal Assent, see s. 1300; s. 1241 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 1241 in force at 6.4.2008 by S.I. 2007/3495, art. 3(1)(u) (with savings in arts. 7, 12, Sch. 4 paras. 37-42)

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