Regulation 36 I1

United Kingdom

In regulation 83 (accounting reference period and financial year of transferring SE) M1—

(a)

in the heading, for “SE” substitute “ UK Societas ”;

(b)

in paragraph (1), in the words before sub-paragraph (a)—

(i)

for “an SE transfers” substitute “ a UK Societas had before F1IP completion day, and while an SE, transferred ”;

(ii)

after “Article 8”, insert “of the EC Regulation, as it had effect at the time of that transfer, that UK Societas's”;

(c)

in sub-paragraph (1)(a), omit “its”;

(d)

in sub-paragraph (1)(b)—

(i)

omit “its”;

(ii)

for “SE” substitute “ UK Societas ”;

(e)

in sub paragraphs (2) and (3), for “transferring SE” substitute “ UK Societas ”.

Annotations

F1: Words in reg. 36(b)(i) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 3(d)

I1: Reg. 36 in force on IP completion day, see reg. 1 and 2020 c. 1, Sch. 5 para. 1(1)