Paragraph 10 I1

United Kingdom

In regulation 7 (exemption from regulations 4 to 6 where accounts consolidated)—

(a)

in paragraph (1)(a), for “a member State” substitute “ any part of the United Kingdom ”;

(b)

for paragraph (2)(a), substitute—

“(a)
that the group accounts are prepared and audited, if the undertaking is a company, in accordance with the requirements of the Companies Act 2006, or, if the undertaking is not a company, the legal requirements which apply to the preparation and audit of consolidated accounts for that undertaking, and”.

Annotations

Commencement

I1: Sch. 3 para. 10 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)(c)