The Reporting Standards (Specified Body) Order 2005

Made11th March 2005

Laid before Parliament16th March 2005

Coming into force6th April 2005

The Secretary of State, in exercise of the powers conferred upon her by section 257(4A)(a) and (4B) of the Companies Act 19851, hereby makes the following Order:

Citation and Commencement1

This Order may be cited as the Reporting Standards (Specified Body) Order 2005 and shall come into force on 6th April 2005.

Specified Body2

The body known as the Accounting Standards Board established under the articles of association of The Accounting Standards Board Limited2 is hereby specified for the purposes of the issuing of standards under regulations made under section 257(4A) of the Companies Act 1985

Jacqui SmithMinister for Industry and the Regions and Deputy Minister for Women and Equality,Department of Trade and Industry11th March 2005

(This note is not part of the Order)

This Order specifies the Accounting Standards Board established under The Accounting Standards Board Limited as a body which may issue standards under regulations made under section 257(4A) of the Companies Act 1985. Such regulations may provide for issue by the specified body of standards in relation to matters to be contained in reports which are required by Part 7 of the Companies Act 1985 to be prepared by the directors of a company.