SCHEDULE 1Consequential amendments and transitional provision relating to the adoption of international accounting standards in the United Kingdom
PART 1Amendments to Primary Legislation
CHAPTER 1Amendments to the Companies Act 2006
Exemption for company included in non-EEA group accounts of larger groupI19
In section 401(2)(b)(iii) M1, for “international accounting standards adopted pursuant to the IAS Regulation” substitute “
UK-adopted international accounting standards
”
.