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2. For the purposes of section 180(3) of the Financial Services Act 1986 and section 449(1B) of the Companies Act 1985, a person authorised by the Secretary of State under section 245C(1) of the Companies Act 1985 is designated as an authority in relation to that person’s functions relating to the securing of compliance by companies with the accounting requirements of the Companies Act 1985.
Section 245C of the Companies Act 1985 was inserted by section 12 of the Companies Act 1989. One Order (S.I. 1991/13) has been made under section 245C of the Companies Act 1985.
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