Explanatory note
(This note is not part of the Order)
This Order brings into force on the day after the day the Order is made amendments in the Local Audit and Accountability Act 2014 (“the 2014 Act”) to sections 21, 22 and 24 of the Local Government Act 2003, for the purposes of the Secretary of State making regulations under section 21.
The Order also makes a transitory provision in relation to the reference in section 32(3)(c) of the 2014 Act to recognised supervisory bodies as defined in the Act in respect of the period between the making of the Order and the recognition of a supervisory body under section 1217(4) of, and Schedule 10 to, the Companies Act 2006 as it has effect by virtue of Schedule 5 to the 2014 Act.