- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
3.—(1) The functions of the Secretary of State conferring a power to make regulations under—
(a)section 1239 of the Act (register of auditors) except for the function under subsection (1)(b) of that section,
(b)section 1240 of the Act (information to be made available to public), and
(c)paragraph 8(1)(a) of Schedule 11 to the Act (prescription of examination subjects),
are transferred to the first designated body, subject to the reservation specified in paragraph (2).
(2) The transfer of the functions conferring a power to make regulations referred to in paragraph (1) is subject to the reservations that such regulations—
(a)must not come into force before 6th April 2008; and
(b)must not apply in relation to appointments of auditors for financial years beginning before 6th April 2008.
(3) The transfer of the functions referred to in paragraph (1) ceases to have effect on 6th April 2008.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: