This draft Statutory Instrument has been printed in substitution of the draft Statutory Instrument of the same title which was laid before Parliament and published on 12th May 2016 (ISBN 978-0-11-114686-6). It is being issued free of charge to all known recipients of that draft Statutory Instrument.
Draft Regulations laid before Parliament under paragraph 2 of Schedule 2 to the European Communities Act 1972, section 18A(8) of the Companies (Audit, Investigations and Community Enterprise) Act 2004 and sections 1252(11), 1290 and 1292(4) of the Companies Act 2006, for approval by resolution of each House of Parliament.
2016 No. XXXX
The Statutory Auditors and Third Country Auditors Regulations 2016
Made
Coming into force in accordance with regulation 1(1)
The Secretary of State is a Minister designated1 for the purposes of section 2(2) of the European Communities Act 19722 in relation to auditors and the audit of accounts.
The Secretary of State makes these Regulations in exercise of the powers conferred by section 2(2) of the European Communities Act 1972, section 18A(1) and (3) and (6) of the Companies (Audit, Investigations and Community Enterprise) Act 20043 and by sections 494(1), (2)(b) and (4)(a), 519A(5), 1241(2)(c), 1252(1) and (8) and 1292(1)(a), (2) and (4) of, and paragraph 11(2) of Schedule 13 to, the Companies Act 20064.
In accordance with paragraph 2 of Schedule 2 to the European Communities Act 1972, sections 1252(11), 1290 and 1292(4) of the Companies Act 2006 and section 18A(8) of the Companies (Audit, Investigations and Community Enterprise) Act 2004, a draft of these Regulations has been laid before Parliament and approved by resolution of each House of Parliament.