Citation, commencement, interpretation and application1

1

These Regulations may be cited as the Companies, Partnerships and Groups (Accounts and Non-Financial Reporting) Regulations 2016, and come into force on the seventh day after the day on which the Regulations are made.

2

The amendments made by regulations 2 to 4 of these Regulations apply—

a

in relation to the financial years of companies and qualifying partnerships beginning on or after 1st January 2017; and

b

only in relation to—

i

companies; and

ii

qualifying partnerships.

3

In this section, “qualifying partnership” has the meaning given by regulation 3 of the Partnerships (Accounts) Regulations 20082.