# Economic Crime and Corporate Transparency Act 2023, Section 57: Statements about exemption from audit requirements

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

In section 475 of the Companies Act 2006 (requirement for audited accounts), for subsection (2) substitute—
“(2) A company is not entitled to any such exemption unless its balance sheet contains a statement by the directors—
(a) identifying the exemption in question, and
(b) confirming that the company qualifies for the exemption.”

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Source: https://www.legislation.gov.uk/ukpga/2023/56/section/57 (the official version)
Page: https://openlegislation.uk/economic-crime-and-corporate-transparency-act-2023/section-57
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.