{
  "url": "https://openlegislation.uk/draft-statutory-auditors-delegation-of-functions-etc-order-2008/introduction",
  "json_url": "https://openlegislation.uk/draft-statutory-auditors-delegation-of-functions-etc-order-2008/introduction.json",
  "legislation": "ukdsi/2008/9780110806075",
  "legislation_title": "The Statutory Auditors (Delegation of Functions etc) Order 2008",
  "legislation_url": "https://openlegislation.uk/draft-statutory-auditors-delegation-of-functions-etc-order-2008",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Draft Order laid before Parliament under section 46(8) of the Companies Act 1989 and sections 1252(11), 1290 and 1292(4) of the Companies Act 2006, for approval by resolution of each House of Parliament.\ncompanies\nauditors\nMade ***\nComing into force in accordance with article 1\nIt appears to the Secretary of State that the body known as the Professional Oversight Board established under the articles of association of The Professional Oversight Board Limited is willing and able to exercise the functions transferred by this Order.\nIt appears to the Secretary of State that the body known as the Professional Oversight Board established under the articles of association of The Financial Reporting Council Limited is willing and able to exercise the functions transferred by this Order and the Companies Act 1989 (Delegation) Order 2005.\nIt appears to the Secretary of State that each of those bodies has arrangements in place relating to the exercise of the functions transferred by this Order which are such as to be likely to ensure that the functions in question will be exercised effectively and to ensure that the functions will be exercised in accordance with the requirements specified in this Order.\nIt appears to the Secretary of State that the body known as the Professional Oversight Board established under the articles of association of The Financial Reporting Council Limited has arrangements in place relating to the exercise of the functions transferred by the Companies Act 1989 (Delegation) Order 2005 which are such as to be likely to ensure that the functions in question will be exercised effectively and to ensure that the functions will be exercised in accordance with the requirements specified in that Order.\nIt appears to the Secretary of State that it is no longer in the public interest that the Companies Act 1989 (Delegation) Order 2005 should remain in force, except in relation to functions relating to appointments of company auditors for any financial year beginning before 6th April 2008.\nThe Secretary of State laid a draft of this Order before Parliament in accordance with section 46(8) of the Companies Act 1989 and sections 1252(11), 1290 and 1292(4) of the Companies Act 2006, and the draft was approved by a resolution of each House of Parliament.\nNow, therefore, the Secretary of State in exercise of the powers conferred upon him by section 46(4) of the Companies Act 1989 and sections 504(1)(b)(ii), 1252(1), (4)(a), (5) and (8) and 1253(4) of, and paragraphs 7(3), 11(2) and (3)(a) of Schedule 13 to, the Companies Act 2006 makes the following Order.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Registered number 05081885."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Registered number 02486368."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "S.I. 2005/2337."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "1989 c.40."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "2006 c.46."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2008/9780110806075/introduction",
    "retrieved_at": "2026-10-30T15:17:11.767420+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."
}