SCHEDULE 3Amendments to the Companies Act 2006

PART 2Amendment to Part 15 of the Companies Act 2006

3.

(1)

Section 461 (permitted disclosure of information obtained under compulsory powers) M1 is amended as follows.

(2)

In subsection (4), for paragraph (aa) M2 substitute—

“(aa)

for the purpose of assisting the competent authority to exercise its functions under the Statutory Auditors and Third Country Auditors Regulations 2016 M3 and under the Audit Regulation;”.