The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019

32.  In section 72E (duty to prepare group accounts) M1 — U.K.

(a) in subsection (2)—

(i) for “Article 4 of the IAS Regulation”, substitute “ section 403(1) of the Companies Act 2006 ”;

(ii) for “international accounting standards”, substitute “ UK-adopted international accounting standards ”;

(b) in subsection (3), for “international accounting standards”, substitute “ UK-adopted international accounting standards ”;

(c) in subsection (4), for “international accounting standards”, substitute “ UK-adopted international accounting standards ”.

Commencement Information

I1 Sch. 1 para. 32 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

Marginal Citations

M1 Section 72E was substituted by S.I. 2004/3380.