<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/uksi/2012/1439" IdURI="http://www.legislation.gov.uk/id/uksi/2012/1439" NumberOfProvisions="8" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="1.0" RestrictExtent="E+W+S+N.I." RestrictStartDate="2021-05-06"><ukm:Metadata xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
					<dc:identifier>http://www.legislation.gov.uk/uksi/2012/1439/article/1</dc:identifier><dc:title>The Supervision of Accounts and Reports (Prescribed Body) and Companies (Defective Accounts and Directors' Reports) (Authorised Person) Order 2012</dc:title><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:subject scheme="SIheading">COMPANIES</dc:subject><dc:modified>2024-05-16</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2021-05-06</dct:valid>
					<dc:description>This Order appoints and authorises the Conduct Committee established under the articles of association of the Financial Reporting Council Limited for certain purposes under the Companies (Audit, Investigations and Community Enterprise) Act 2004 (“the 2004 Act”) and the Companies Act 2006 (“the 2006 Act”). It extends to the whole of the United Kingdom.</dc:description>
					<atom:link rel="self" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.xml" type="application/xml"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/uksi/2012/1439/resources" title="More Resources"/>
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/impacts" href="http://www.legislation.gov.uk/uksi/2012/1439/impacts" title="Impact Assessments"/>
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/memorandum" href="http://www.legislation.gov.uk/uksi/2012/1439/memorandum" title="Explanatory Memorandum"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/memorandum/toc" href="http://www.legislation.gov.uk/uksi/2012/1439/memorandum/contents" title="Explanatory Memorandum Table of Contents"/>
					
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/uksi/2012/1439" title="whole act"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/uksi/2012/1439/introduction" title="introduction"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/signature" href="http://www.legislation.gov.uk/uksi/2012/1439/signature" title="signature"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/note" href="http://www.legislation.gov.uk/uksi/2012/1439/note" title="note"/>
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/uksi/2012/1439/body" title="body"/>
					
					
										
					
					
					
					<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.rdf" title="RDF/XML"/><atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.akn" title="AKN"/><atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.xht" title="HTML snippet"/><atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.htm" title="Website (XHTML) Default View"/><atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.csv" title="CSV"/><atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.pdf" title="PDF"/>
					<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/data.html" title="HTML5 snippet"/>

					
					<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/uksi/2012/1439/contents" title="Table of Contents"/>
					
					<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2018-01-03" title="2018-01-03"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/made" title="made"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2012-07-02" title="2012-07-02"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2017-06-29" title="2017-06-29"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2017-07-03" title="2017-07-03"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2017-07-31" title="2017-07-31"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2018-01-03" title="2018-01-03"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2020-12-31" title="2020-12-31"/>
					
					<atom:link rel="up" href="http://www.legislation.gov.uk/uksi/2012/1439" title="Entire legislation"/><atom:link rel="prev" href="http://www.legislation.gov.uk/uksi/2012/1439/introduction" title="Introduction; Introduction"/><atom:link rel="prevInForce" href="http://www.legislation.gov.uk/uksi/2012/1439/introduction" title="Introduction; Introduction"/><atom:link rel="next" href="http://www.legislation.gov.uk/uksi/2012/1439/article/2" title="Provision; Article 2"/><atom:link rel="nextInForce" href="http://www.legislation.gov.uk/uksi/2012/1439/article/2" title="Provision; Article 2"/>
					<ukm:SecondaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="secondary"/><ukm:DocumentMainType Value="UnitedKingdomStatutoryInstrument"/><ukm:DocumentStatus Value="revised"/><ukm:DocumentMinorType Value="order"/></ukm:DocumentClassification><ukm:Year Value="2012"/><ukm:Number Value="1439"/><ukm:Made Date="2012-05-31"/><ukm:Laid Date="2012-06-11" Class="UnitedKingdomParliament"/><ukm:ComingIntoForce><ukm:DateTime Date="2012-07-02"/></ukm:ComingIntoForce><ukm:ISBN Value="9780111525043"/></ukm:SecondaryMetadata>
					

                    
									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/uksi/2012/1439/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2012/1439/pdfs/uksiem_20121439_en.pdf" Date="2012-06-12" Title="Explanatory Memorandum" Size="23706"/></ukm:Alternatives>       
								</ukm:Notes> 
					<ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2012/1439/pdfs/uksi_20121439_en.pdf" Date="2012-06-12" Size="63125"/></ukm:Alternatives>
					<ukm:ImpactAssessments>
									
									<ukm:ImpactAssessment URI="http://www.legislation.gov.uk/ukia/2012/81/pdfs/ukia_20120081_en.pdf" Date="2012-02-02" Title="Proposals to Reform the Financial Reporting Council" Stage="Final" Department="Department for Business, Innovation and Skills" Year="2012" Number="81"/>
								</ukm:ImpactAssessments>
					<ukm:Statistics>
									<ukm:TotalParagraphs Value="8"/>
									<ukm:BodyParagraphs Value="8"/>
									<ukm:ScheduleParagraphs Value="0"/>
									<ukm:AttachmentParagraphs Value="0"/>
									<ukm:TotalImages Value="0"/>
								</ukm:Statistics>
				</ukm:Metadata><Secondary><Body DocumentURI="http://www.legislation.gov.uk/uksi/2012/1439/body" IdURI="http://www.legislation.gov.uk/id/uksi/2012/1439/body" NumberOfProvisions="8" RestrictStartDate="2021-05-06"><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2020-12-31"><Title>Citation, coming into force and interpretation</Title><P1 DocumentURI="http://www.legislation.gov.uk/uksi/2012/1439/article/1" IdURI="http://www.legislation.gov.uk/id/uksi/2012/1439/article/1" id="article-1"><Pnumber>1</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/uksi/2012/1439/article/1/1" IdURI="http://www.legislation.gov.uk/id/uksi/2012/1439/article/1/1" id="article-1-1"><Pnumber>1</Pnumber><P2para><Text>This Order may be cited as the Supervision of Accounts and Reports (Prescribed Body) and Companies (Defective Accounts and Directors' Reports) (Authorised Person) Order 2012.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/uksi/2012/1439/article/1/2" IdURI="http://www.legislation.gov.uk/id/uksi/2012/1439/article/1/2" id="article-1-2"><Pnumber>2</Pnumber><P2para><Text>This Order comes into force on 2nd July 2012.</Text></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/uksi/2012/1439/article/1/3" IdURI="http://www.legislation.gov.uk/id/uksi/2012/1439/article/1/3" id="article-1-3" RestrictStartDate="2018-01-03"><Pnumber>3</Pnumber><P2para><Text>In this Order—</Text><UnorderedList Decoration="none" Class="Definition"><ListItem><Para><Text>“<Term id="term-the-2004-act">the 2004 Act</Term>” means the Companies (Audit, Investigation and Community Enterprise) Act 2004;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-the-2005-order">the 2005 Order</Term>” means the Supervision of Accounts and Reports (Prescribed Body) Order 2005 <CommentaryRef Ref="c21278661"/>;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-the-2006-act">the 2006 Act</Term>” means the Companies Act 2006;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-the-2007-order">the 2007 Order</Term>” means the Supervision of Accounts and Reports (Prescribed Body) Order 2007 <CommentaryRef Ref="c21278671"/>;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-the-2008-order">the 2008 Order</Term>” means the Companies (Defective Accounts and Directors' Reports) (Authorised Person) and Supervision of Accounts and Reports (Prescribed Body) Order 2008 <CommentaryRef Ref="c21278681"/>;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-the-2008-regulations">the 2008 Regulations</Term>” means the Limited Liability Partnerships (Accounts and Audits)(Application of Companies Act 2006) Regulations 2008 <CommentaryRef Ref="c21278691"/>;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-coming-into-force">coming into force</Term>” means the coming into force of this Order;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-the-conduct-committee">the Conduct Committee</Term>” means the body of that name established under the articles of association of The Financial Reporting Council Limited;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-the-conduct-committee"> <Addition ChangeId="key-d5bc8ec76c0d56891f3b39dce58f61e4-1680108106115" CommentaryRef="key-d5bc8ec76c0d56891f3b39dce58f61e4">DGTR sourcebook </Addition></Term><Addition ChangeId="key-d5bc8ec76c0d56891f3b39dce58f61e4-1680108106115" CommentaryRef="key-d5bc8ec76c0d56891f3b39dce58f61e4">” means the Disclosure Guidance and Transparency Rules sourcebook made by the Financial Conduct Authority under the Financial Services and Markets Act 2000 , as it has effect on  IP completion day;</Addition></Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-llps">LLPs</Term>” means limited liability partnerships;</Text></Para></ListItem><ListItem><Para><Text>“<Term id="term-llps"> <Addition ChangeId="key-4a018f40e3e59b4fc15c1589fefab709-1680108598933" CommentaryRef="key-4a018f40e3e59b4fc15c1589fefab709">UK regulated market </Addition></Term><Addition ChangeId="key-4a018f40e3e59b4fc15c1589fefab709-1680108598933" CommentaryRef="key-4a018f40e3e59b4fc15c1589fefab709">” has the meaning given in Article 2.1.13A of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012.</Addition></Text></Para></ListItem><ListItem><Para><Text><CommentaryRef Ref="key-f7281ae8aced9a4769f18cece14b72cd"/>...</Text></Para></ListItem><ListItem><Para><Text><CommentaryRef Ref="key-f7281ae8aced9a4769f18cece14b72cd"/>...<Citation URI="http://www.legislation.gov.uk/id/eudr/2004/109" id="c00002" Class="EuropeanUnionDirective" Year="2004" Number="109"/></Text></Para></ListItem></UnorderedList></P2para></P2></P1para></P1></P1group></Body></Secondary><Commentaries><Commentary id="c21278661" Type="M"><Para><Text><Citation URI="http://www.legislation.gov.uk/id/uksi/2005/715" id="c00012" Class="UnitedKingdomStatutoryInstrument" Year="2005" Number="715">S.I. 2005/715</Citation>, revoked with savings by <Citation URI="http://www.legislation.gov.uk/id/uksi/2007/2583" id="c00013" Class="UnitedKingdomStatutoryInstrument" Year="2007" Number="2583">S.I. 2007/2583</Citation>.</Text></Para></Commentary><Commentary id="c21278671" Type="M"><Para><Text><Citation URI="http://www.legislation.gov.uk/id/uksi/2007/2583" id="c00014" Class="UnitedKingdomStatutoryInstrument" Year="2007" Number="2583">S.I. 2007/2583</Citation>, revoked with savings by <Citation URI="http://www.legislation.gov.uk/id/uksi/2008/623" id="c00015" Class="UnitedKingdomStatutoryInstrument" Year="2008" Number="623">S.I. 2008/623</Citation>.</Text></Para></Commentary><Commentary id="c21278681" Type="M"><Para><Text><Citation URI="http://www.legislation.gov.uk/id/uksi/2008/623" id="c00016" Class="UnitedKingdomStatutoryInstrument" Year="2008" Number="623">S.I. 2008/623</Citation>.</Text></Para></Commentary><Commentary id="c21278691" Type="M"><Para><Text><Citation URI="http://www.legislation.gov.uk/id/uksi/2008/1911" id="c00017" Class="UnitedKingdomStatutoryInstrument" Year="2008" Number="1911">S.I. 2008/1911</Citation>, amended by <Citation URI="http://www.legislation.gov.uk/id/uksi/2009/1804" id="c00018" Class="UnitedKingdomStatutoryInstrument" Year="2009" Number="1804">S.I. 2009/1804</Citation>; there are other amending instruments but none is relevant.</Text></Para></Commentary><Commentary id="key-d5bc8ec76c0d56891f3b39dce58f61e4" Type="F"><Para><Text>Words in <CitationSubRef id="cxg78xjh4-00026" SectionRef="article-1-3" URI="http://www.legislation.gov.uk/id/uksi/2012/1439/article/1/3">art. 1(3)</CitationSubRef> inserted (31.12.2020) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2019/145" id="cxg78xjh4-00027" Class="UnitedKingdomStatutoryInstrument" Year="2019" Number="145" Title="The Accounts and Reports (Amendment) (EU Exit) Regulations 2019">The Accounts and Reports (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/145)</Citation>, <CitationSubRef CitationRef="cxg78xjh4-00027" id="cxg78xjh4-00028" SectionRef="regulation-1-2-c" URI="http://www.legislation.gov.uk/id/uksi/2019/145/regulation/1/2/c">reg. 1(2)(c)</CitationSubRef>, <CitationSubRef CitationRef="cxg78xjh4-00027" id="cxg78xjh4-00029" SectionRef="schedule-3-paragraph-31-b" URI="http://www.legislation.gov.uk/id/uksi/2019/145/schedule/3/paragraph/31/b" Operative="true">Sch. 3 para. 31(b)</CitationSubRef> (as amended by <Citation URI="http://www.legislation.gov.uk/id/uksi/2020/523" id="c5z5jixl4-00007" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="523" Title="The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020">The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523)</Citation>, <CitationSubRef CitationRef="c5z5jixl4-00007" id="c5z5jixl4-00008" URI="http://www.legislation.gov.uk/id/uksi/2020/523/regulation/1/2" SectionRef="regulation-1-2">regs. 1(2)</CitationSubRef>, <CitationSubRef CitationRef="c5z5jixl4-00007" id="c5z5jixl4-00009" URI="http://www.legislation.gov.uk/id/uksi/2020/523/regulation/12/a" SectionRef="regulation-12-a" Operative="true">12(a)</CitationSubRef>); <Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/1" id="cxg78xjh4-00030" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="1">2020 c. 1</Citation>, <CitationSubRef CitationRef="cxg78xjh4-00030" id="cxg78xjh4-00031" SectionRef="schedule-5-paragraph-1-1" URI="http://www.legislation.gov.uk/id/ukpga/2020/1/schedule/5/paragraph/1/1">Sch. 5 para. 1(1)</CitationSubRef></Text></Para></Commentary><Commentary id="key-f7281ae8aced9a4769f18cece14b72cd" Type="F"><Para><Text>Words in <CitationSubRef id="cxg78xjh4-00015" SectionRef="article-1-3" URI="http://www.legislation.gov.uk/id/uksi/2012/1439/article/1/3">art. 1(3)</CitationSubRef> omitted (31.12.2020) by virtue of <Citation URI="http://www.legislation.gov.uk/id/uksi/2019/145" id="cxg78xjh4-00016" Class="UnitedKingdomStatutoryInstrument" Year="2019" Number="145" Title="The Accounts and Reports (Amendment) (EU Exit) Regulations 2019">The Accounts and Reports (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/145)</Citation>, <CitationSubRef CitationRef="cxg78xjh4-00016" id="cxg78xjh4-00017" SectionRef="regulation-1-2-c" URI="http://www.legislation.gov.uk/id/uksi/2019/145/regulation/1/2/c">reg. 1(2)(c)</CitationSubRef>, <CitationSubRef CitationRef="cxg78xjh4-00016" id="cxg78xjh4-00018" SectionRef="schedule-3-paragraph-31-a" URI="http://www.legislation.gov.uk/id/uksi/2019/145/schedule/3/paragraph/31/a" Operative="true">Sch. 3 para. 31(a)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/1" id="cxg78xjh4-00019" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="1">2020 c. 1</Citation>, <CitationSubRef CitationRef="cxg78xjh4-00019" id="cxg78xjh4-00020" SectionRef="schedule-5-paragraph-1-1" URI="http://www.legislation.gov.uk/id/ukpga/2020/1/schedule/5/paragraph/1/1">Sch. 5 para. 1(1)</CitationSubRef></Text></Para></Commentary><Commentary id="key-4a018f40e3e59b4fc15c1589fefab709" Type="F"><Para><Text>Words in <CitationSubRef id="cxg78xjh4-00037" SectionRef="article-1-3" URI="http://www.legislation.gov.uk/id/uksi/2012/1439/article/1/3">art. 1(3)</CitationSubRef> inserted (31.12.2020) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2019/145" id="cxg78xjh4-00038" Class="UnitedKingdomStatutoryInstrument" Year="2019" Number="145" Title="The Accounts and Reports (Amendment) (EU Exit) Regulations 2019">The Accounts and Reports (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/145)</Citation>, <CitationSubRef CitationRef="cxg78xjh4-00038" id="cxg78xjh4-00039" SectionRef="regulation-1-2-c" URI="http://www.legislation.gov.uk/id/uksi/2019/145/regulation/1/2/c">reg. 1(2)(c)</CitationSubRef>, <CitationSubRef CitationRef="cxg78xjh4-00038" id="cxg78xjh4-00040" SectionRef="schedule-3-paragraph-31-c" URI="http://www.legislation.gov.uk/id/uksi/2019/145/schedule/3/paragraph/31/c" Operative="true">Sch. 3 para. 31(c)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/1" id="cxg78xjh4-00041" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="1">2020 c. 1</Citation>, <CitationSubRef CitationRef="cxg78xjh4-00041" id="cxg78xjh4-00042" SectionRef="schedule-5-paragraph-1-1" URI="http://www.legislation.gov.uk/id/ukpga/2020/1/schedule/5/paragraph/1/1">Sch. 5 para. 1(1)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>