# The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020, Regulation 14

Extent: E+W+S+N.I.

In Part 2—
(a) in regulation 5(c), for “exit day” substitute “ IP completion day ”;
(b) in regulation 6—
(i) in paragraph (a), in paragraph (a) of the substituted definition of “ audit committee ”, for “exit day” substitute “ IP completion day ”;
(ii) in paragraph (c)(iii), for “exit day” substitute “ IP completion day ”;
(c) in regulation 8(a)(iii), for “exit day” substitute “ IP completion day ”;
(d) in regulation 11(b)(ii), for “exit day” substitute “ IP completion day ”;
(e) in regulation 28 —
(i) before paragraph (a), insert—
“(za) in sub-paragraph (1)(a), for “an EEA auditor” substitute “ a third country auditor ”;
(zb) in sub-paragraph (1)(aa), for “an EEA auditor” substitute “ a third country auditor ”;
(zc) in sub-paragraph (1)(b), omit “which is not an EEA auditor”;”;
(ii) for paragraph (a), substitute—
“(a) omit sub-paragraph (1)(c);”;
(iii) after paragraph (d), insert—
“(da) in sub-paragraph (2C)(a), for “another EEA State” substitute “ an EEA State ”;”;
(iv) omit paragraph (e);
(f) for regulation 29, substitute—
“
29 In paragraph 7 (holding of appropriate qualification)—
(a) for sub-paragraph (2)(a), substitute—
“(a) in relation to an individual, to that individual's—
(i) holding an appropriate qualification, or
(ii) being a third country auditor and meeting the requirements of paragraph 6(1)(aa)(ii) or 6(1A);”;
(b) omit sub-paragraph (2)(b)(ii) and the “or” before it.”;
(g) in regulation 30(b), for “exit day” substitute “ IP completion day ”;
(h) in regulation 32(d)(iii), for “exit day” substitute “ IP completion day ”;
(i) in regulation 38, for “exit day” substitute “ IP completion day ”;
(j) in regulation 40, for “exit day” substitute “ IP completion day ”.

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Source: https://www.legislation.gov.uk/uksi/2020/523/regulation/14 (the official version)
Page: https://openlegislation.uk/companies-and-statutory-auditors-etc-consequential-amendments-eu-exit-regulations-2020/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.