{
  "url": "https://openlegislation.uk/insurance-accounts-directive-miscellaneous-insurance-undertakings-regulations-2008/schedule-2/paragraph-15",
  "json_url": "https://openlegislation.uk/insurance-accounts-directive-miscellaneous-insurance-undertakings-regulations-2008/schedule-2/paragraph-15.json",
  "legislation": "uksi/2008/565",
  "legislation_title": "The Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008",
  "legislation_url": "https://openlegislation.uk/insurance-accounts-directive-miscellaneous-insurance-undertakings-regulations-2008",
  "path": "schedule/2/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": null,
  "text": "In section 48 (annual returns) —\n(a) for subsection (1A), substitute—\n“(1A) “Relevant auditor’s report” means—\n(a) the auditor’s report required to be prepared by sections 495 and 496 of the Companies Act 2006 as applied by regulation 7 of the Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008, and\n(b) any auditor’s report on a balance sheet made during the year;”\n(c) in subsection (2) (a), for “the revenue account or accounts of the society prepared in accordance with section 37(2)” substitute “the profit and loss account required to be prepared by section 396 of the Companies Act 2006 as applied by regulation 3 of the Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008”; and\n(d) for subsection (2)(b) substitute—\n“(b) shall not contain any other accounts.”;\n(e) subsection (6A) does not apply.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 2 para. 15(a) substituted for Sch. 2 para. 15(a)(b) (with effect in accordance with reg. 2(4) of the amending S.I.) by The Statutory Auditors Regulations 2017 (S.I. 2017/1164), reg. 1(2)(3), Sch. 2 para. 16(c) (with reg. 2(6)(7))"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "Section 48 was amended by S.I. 1997/2984 (N.I. 22), Schedule 2, paragraph 11."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/565/schedule/2/paragraph/15",
    "retrieved_at": "2026-10-29T03:35:16.910166+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."
}