# The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2018, Regulation 91: Amendment of Regulation 537/2014


In Article 17 (duration of the audit engagement)—
(a) omit paragraph 2;
(b) omit paragraph 4;
(c) in paragraph 7—
(i) in the first subparagraph, for “audited entity” in both places substitute “audited person”;
(ii) omit the second subparagraph;
(iii) in the third subparagraph—
(aa) omit “or the audit firm” in both places;
(bb) for “persons who are registered” substitute “individuals who are eligible for appointment”;
(iv) in the fourth subparagraph, omit “or the audit firm” in both places;
(d) in paragraph 8—
(i) in the first subparagraph—
(aa) for “this Article” substitute “the provisions for the appointment of statutory auditors by public interest entities”;
(bb) omit “or the audit firm”;
(ii) in the second subparagraph—
(aa) for “the audit firm shall” substitute “where the statutory auditor is a firm it must”;
(bb) for “other firms that the audit firm has acquired or that have merged with it.” substitute “any other statutory auditor that is also a firm and has been acquired by or has merged with the first statutory auditor”;
(iii) in the third subparagraph, omit “or the audit firm” in both places.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174333/regulation/91 (the official version)
Page: https://openlegislation.uk/draft-statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2018/regulation-91
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.