- 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This is the original version (as it was originally made).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.
4.—(1) The repeal of Articles 257A and 257B to 257E of the Companies (Northern Ireland) Order 1986(1) (exemptions from audit for certain categories of small companies) does not affect the continued operation of those Articles in relation to companies that are charities.
(2) Schedule 2 to this Order makes provision consequential on the saving in paragraph (1).
(3) The provisions of this article and Schedule 2 have effect in relation to accounts for financial years beginning on or after 6th April 2008.
S.I. 1986/1032 (N.I. 6); Articles 257A and 257B to 257E were inserted by S.R. (N.I.) 1995 No. 128; the Companies Act 2006 (Commencement No. 5, Transitional Provisions and Savings) Order 2007 (S.I. 2007/3495 (C. 150)) provides for their repeal (by section 1295 of and Schedule 16 to the Companies Act 2006) to come into force on 6th April 2008 and to have effect in relation to accounts for financial years beginning on or after that date (see article 8 of, Schedule 2 and paragraph 6 of Schedule 4 to, that Order).
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.
Click 'View More' or select 'More Resources' tab for additional information including: