{
  "url": "https://openlegislation.uk/companies-and-statutory-auditors-etc-consequential-amendments-eu-exit-regulations-2020/regulation-14",
  "json_url": "https://openlegislation.uk/companies-and-statutory-auditors-etc-consequential-amendments-eu-exit-regulations-2020/regulation-14.json",
  "legislation": "uksi/2020/523",
  "legislation_title": "The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/companies-and-statutory-auditors-etc-consequential-amendments-eu-exit-regulations-2020",
  "path": "regulation/14",
  "kind": "regulation",
  "number": "14",
  "heading": null,
  "text": "In Part 2—\n(a) in regulation 5(c), for “exit day” substitute “ IP completion day ”;\n(b) in regulation 6—\n(i) in paragraph (a), in paragraph (a) of the substituted definition of “ audit committee ”, for “exit day” substitute “ IP completion day ”;\n(ii) in paragraph (c)(iii), for “exit day” substitute “ IP completion day ”;\n(c) in regulation 8(a)(iii), for “exit day” substitute “ IP completion day ”;\n(d) in regulation 11(b)(ii), for “exit day” substitute “ IP completion day ”;\n(e) in regulation 28 —\n(i) before paragraph (a), insert—\n“(za) in sub-paragraph (1)(a), for “an EEA auditor” substitute “ a third country auditor ”;\n(zb) in sub-paragraph (1)(aa), for “an EEA auditor” substitute “ a third country auditor ”;\n(zc) in sub-paragraph (1)(b), omit “which is not an EEA auditor”;”;\n(ii) for paragraph (a), substitute—\n“(a) omit sub-paragraph (1)(c);”;\n(iii) after paragraph (d), insert—\n“(da) in sub-paragraph (2C)(a), for “another EEA State” substitute “ an EEA State ”;”;\n(iv) omit paragraph (e);\n(f) for regulation 29, substitute—\n“\n29 In paragraph 7 (holding of appropriate qualification)—\n(a) for sub-paragraph (2)(a), substitute—\n“(a) in relation to an individual, to that individual's—\n(i) holding an appropriate qualification, or\n(ii) being a third country auditor and meeting the requirements of paragraph 6(1)(aa)(ii) or 6(1A);”;\n(b) omit sub-paragraph (2)(b)(ii) and the “or” before it.”;\n(g) in regulation 30(b), for “exit day” substitute “ IP completion day ”;\n(h) in regulation 32(d)(iii), for “exit day” substitute “ IP completion day ”;\n(i) in regulation 38, for “exit day” substitute “ IP completion day ”;\n(j) in regulation 40, for “exit day” substitute “ IP completion day ”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "Regulation 28 is amended by S.I. 2019/1392 (as further amended by regulation 29 of this instrument) and 2020/335."
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 14 in force immediately before IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2020/523/regulation/14",
    "retrieved_at": "2026-10-28T22:30:14.244140+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}