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Companies Act 2006
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Changes over time for: Section 491
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Changes to legislation:
Companies Act 2006, Section 491 is up to date with all changes known to be in force on or before 24 February 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.
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Changes and effects yet to be applied to Section 491:
- Act amendment to earlier affecting provision S.I. 2014/3348, art. 220A by S.I. 2024/1115 reg. 4(3)
- Sch. 2 Pt. 2 Section (A) para. 25(j) omitted by 2024 c. 13 Sch. 21 para. 10
- Sch. 2 Pt. 2 Section (A) para. 28 words substituted by 2024 c. 13 Sch. 18 para. 9(2)(a)(i)
- Sch. 2 Pt. 2 Section (A) para. 29 words substituted by 2024 c. 13 Sch. 18 para. 9(2)(a)(ii)
- Sch. 2 Pt. 2 Section (A) para. 36 words substituted by 2024 c. 13 Sch. 18 para. 9(2)(b)
- ss. 381-384 amendment to earlier affecting provision S.I. 2008/1911, reg. 5 by S.I. 2024/1303 reg. 11(2)(3)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
- Act amendment to earlier affecting provision S.I. 2014/3348, art. 220A by S.I. 2024/1115 reg. 4(3)
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- Sch. 2 Pt. 2 Section (A) para. 25(j) omitted by 2024 c. 13 Sch. 21 para. 10
- Sch. 2 Pt. 2 Section (A) para. 28 words substituted by 2024 c. 13 Sch. 18 para. 9(2)(a)(i)
- Sch. 2 Pt. 2 Section (A) para. 29 words substituted by 2024 c. 13 Sch. 18 para. 9(2)(a)(ii)
- Sch. 2 Pt. 2 Section (A) para. 36 words substituted by 2024 c. 13 Sch. 18 para. 9(2)(b)
491Term of office of auditors of public companyU.K.
This section has no associated Explanatory Notes
(1)The auditor or auditors of a public company hold office in accordance with the terms of their appointment, subject to the requirements that—
(a)they do not take office until the previous auditor or auditors have ceased to hold office, and
(b)they cease to hold office at the conclusion of the accounts meeting next following their appointment, unless re-appointed.
F1(1A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(1B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(1C). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(1D). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(1E). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2)This is without prejudice to the provisions of this Part as to removal and resignation of auditors.
Textual Amendments
F1S. 491(1A)-(1E) omitted (with effect in accordance with reg. 1(6)(8) of the amending S.I.) by virtue of The Statutory Auditors and Third Country Auditors Regulations 2017 (S.I. 2017/516), regs. 1(2), 12(12)
Modifications etc. (not altering text)
C1Ss. 484-539 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 11 (with transitional provisions and savings in regs. 7, 9, Sch. 2)
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