Regulation 18 Amendment of Part 42 of the Companies Act 2006

In section 1253B (request from EEA competent authorities)^f1—

(a)

in the heading, for “EEA competent authorities” substitute “approved third country competent authorities”;

(b)

in subsection (1)^f2—

(i)

for “EEA competent authority” substitute “approved third country competent authority”;

(ii)

omit the words from “or a European supervisory authority (“the requesting authority”),” to the end;

(c)

after subsection (1), insert—

“(1A)
Where the request includes a request for the transfer of audit working papers and investigation reports, the Secretary of State must act in accordance with section 1253D.”;

(d)

omit subsection (4)^f3.

Annotations

Footnotes

f1: Section 1253B was inserted by regulation 14(1) of S.I. 2007/3494.
f2: Subsection (1) was substituted by paragraph 41(2) of Schedule 3 to S.I. 2016/649.
f3: Subsection (4) was substituted by paragraph 41(4) of Schedule 3 to S.I. 2016/649.