The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2020
PART 1Introductory
1Citation, commencement and application
PART 2Amendments to the Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019
2The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit)...
3In Schedule 2 (approval of third country competent authorities), in...
4In Schedule 4 (transitional provision)— (a) in paragraph 1, before...
PART 3Equivalent third countries and approved third country competent authorities
CHAPTER 1Procedures relating to approvals for equivalent third countries and transitional third countries
5Application and interpretation
6Definition of a comparable audit regulatory regime
7Power of Secretary of State to take into account a report from the competent authority
8Conditions for grant of approval
9Suspension of approval
CHAPTER 2Procedures relating to approvals for third country competent authorities
10Application and interpretation
11Definition of when a third country competent authority is adequate in relation to exchange of papers and reports
12Power of Secretary of State to take into account a report from the competent authority
13Conditions for grant of approval
14Suspension of approval
PART 4Amendments made under section 2(2) of the European Communities Act 1972
15Amendments to the Companies Act 2006
16Amendments to the Insurance Accounts Directive (Lloyd’s Syndicate and Aggregate Accounts) Regulations 2008
17Amendments to the Statutory Auditors and Third Country Auditors Regulations 2016
2020 No. 108
Exiting The European Union
Auditors
Insurance

The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2020

Made
Laid before Parliament
Coming into force in accordance with regulation 1(2)
The Secretary of State makes the following Regulations in exercise of the powers conferred by section 2(2) of the European Communities Act 19721, sections 484(1), 1240A, 1240B and 1292(1) of the Companies Act 20062 and sections 15 and 17(3) of the Limited Liability Partnerships Act 20003.
The Secretary of State is a Minister designated4 for the purposes of section 2(2) of the European Communities Act 1972 in relation to auditors and the audit of accounts.