The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 No. 177

PART 2 U.K. Amendment of primary legislation

CHAPTER 2 U.K. Part 42 of the Companies Act 2006

12.  In section 1223A (notification of matters relevant to other EEA States) M1 —

(a) in the heading, for “other EEA States” substitute “ approved third country competent authorities ”;

(b) in subsection (2)—

(i) in paragraph (a), for “any other EEA State or part of an EEA State, implementing the Audit Directive” substitute “ an equivalent third country or transitional third country ”;

(ii) in paragraph (b), for “EEA State other than the United Kingdom” substitute “ equivalent third country or transitional third country ”;

(c) in subsection (3)—

(i) in paragraph (a), for “an EEA auditor” substitute “ a third country auditor that has been approved by an approved third country competent authority ”;

(ii) in paragraph (b), for “EEA” substitute “ approved third country ”.

Commencement Information

I1 Reg. 12 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M1 Section 1223A was inserted by regulation 7(1) of S.I. 2007/3494.