SCHEDULE 2SAVING FOR SMALL CHARITABLE COMPANIES IN NORTHERN IRELAND: CONSEQUENTIAL PROVISION
Article 257D (the reporting accountant)5
1
Article 257D of the Companies (Northern Ireland) Order 1986 is adapted as follows.
2
In paragraph (1)(b)—
a
in paragraph (i), for “auditor under Chapter V of Part XII” substitute “statutory auditor under Part 42 of the Companies Act 2006”, and
b
in paragraph (ii), for “appointment as auditor under that Chapter” substitute “such appointment”.
3
In paragraph (2), for “Part III of the Companies (Northern Ireland) Order 1990” substitute “Part 42 of the Companies Act 2006”.
4
In paragraph (3), for “Article 29 of the Companies (Northern Ireland) Order 1990” substitute “section 1216 of the Companies Act 2006”.
5
For paragraph (5) substitute—
5
A person may not be appointed by a company as a reporting accountant if he would be prohibited from acting as auditor of that company by virtue of section 1214 of the Companies Act 2006 (independence requirement).