PART 5REGISTRATION OF THIRD COUNTRY AUDITORS

Arrangements for registered third country auditors: consequential amendments33

1

Schedule 12 to the Companies Act 2006 (arrangements in which registered third country auditors are required to participate) is amended as follows.

2

In the italic cross-heading above paragraph 1, for “traded non-Community companies” substitute “UK-traded non-EEA companies”.

3

In paragraph 1—

a

in sub-paragraph (1)(a) for “third country audit functions” substitute “functions related to the audit of UK-traded non-EEA companies”;

b

omit sub-paragraph (2).

4

In paragraph 2—

a

in sub-paragraph (1)(a) for “third country audit functions” substitute “functions related to the audit of UK-traded non-EEA companies”;

b

in sub-paragraph (2), omit the definition of “third country audit function”.