Paragraph 58

(1)

Schedule 15D to the Companies Act 1985 (permitted disclosures) is amended as follows.

(2)

In paragraph 9 (functions of Secretary of State or Treasury)—

(a)

for paragraph (a) substitute—

“(a)
the Companies Acts (as defined in section 2(1) of the Companies Act 2006);”;

(b)

for paragraph (b) substitute—

“(b)
Part 5 of the Criminal Justice Act 1993 (insider dealing);”;

(c)

after paragraph (d) insert—

“(da)
Part 42 of the Companies Act 2006 (statutory auditors);”;

(d)

for paragraph (e) substitute—

“(e)
Parts 3 and 7 of the Companies Act 1989 (investigations and powers to obtain information and financial markets and insolvency);”.

(3)

In paragraph 34 (bodies designated to exercise functions of Secretary of State in relation to statutory auditors)—

(a)

for “section 46 of the Companies Act 1989” substitute “ section 1252 of the Companies Act 2006 ”, and

(b)

for “Part 2 of that Act” substitute “ Part 42 of that Act (statutory auditors) ”.

(4)

In paragraph 35 (recognised supervisory or qualifying bodies for statutory auditors) for “Part 2 of the Companies Act 1989” substitute “ Part 42 of the Companies Act 2006 ”.

(5)

In paragraph 38 (recognised professional bodies for insolvency practitioners) after “section 391 of the Insolvency Act 1986” insert “ or Article 350 of the Insolvency (Northern Ireland) Order 1989 ”.

(6)

In paragraph 42 (directors' disqualification) after “section 6, 7 or 8 of the Company Directors Disqualification Act 1986” substitute “ or Article 9, 10 or 11 of the Company Directors Disqualification (Northern Ireland) Order 2002 ”.