Companies (1986 Order) (Disclosure of Remuneration for Non-Audit Work) Regulations (Northern Ireland) 1993

Interpretation

2.  In these Regulations:

“annual accounts” has the meaning given in Article 270(1) of the 1986 Order(1);

“associate” in relation to a company’s auditors, means a person who is to be regarded as an associate of those auditors by virtue of regulation 3;

“associated undertaking” in relation to a company means any undertaking which, in accordance with Article 266 of the 1986 Order(2), is a subsidiary undertaking of the company other than a subsidiary undertaking formed under the law of a country or territory outside the United Kingdom;

“director” and “group” have the respective meanings given in Article 55(1) of the Companies (Northern Ireland) Order 1990;

“the 1986 Order” means the Companies (Northern Ireland) Order 1986; and

“remuneration” includes sums paid in respect of expenses.

(1)

Article 270 was inserted into the 1986 Order by Articles 3 and 24 of the Companies (Northern Ireland) Order 1990 (S.I. 1990/593 (N.I. 5))

(2)

Article 266 was inserted into the 1986 Order by Articles 3 and 23 of the Companies (Northern Ireland) Order 1990