Paragraph 1 General provisionsI1
England and Wales
Nothing in this Schedule affects the generality of articles 5 and 6.
The duty of a relevant authority to appoint a local auditor to audit its accounts for a financial year applies in relation to a financial year beginning on or after F1—
1st April 2017 in relation to a two-year transitional period authority; or
1st April 2018 in relation to any other relevant authority.
The duty of a relevant authority to have an auditor panel applies in relation to the exercise of the functions of the panel so far as relating to a financial year beginning on or after F2—
1st April 2017 in relation to a two-year transitional period authority; or
1st April 2018 in relation to any other relevant authority.
Parts 2 (basic concepts and requirements) and 5 (conduct of audit) of the 2014 Act do not apply to—
accounting records and statements of accounts of a relevant authority, or
the audit of the accounts of a relevant authority,
for a financial year beginning before 1st April 2015.
The coming into force of the amendments made by—
paragraph 3 of Schedule 12 to the 2014 Act (amendment to section 14 of the Transport Act 1968f1);
paragraph 17 of that Schedule (amendment to section 22 of the Airports Act 1986f2),
do not affect the requirements of the provisions amended in relation to a financial year beginning before 1st April 2015.
Annotations
Textual amendments
- F1
Words in Sch. para. 1(2) substituted (27.6.2016) by The Local Audit and Accountability Act 2014 (Commencement No. 8 and Commencement No. 7, Transitional Provisions and Savings (Amendment)) Order 2016 (S.I. 2016/675), art. 2(6)(a)
- F2
Words in Sch. para. 1(3) substituted (27.6.2016) by The Local Audit and Accountability Act 2014 (Commencement No. 8 and Commencement No. 7, Transitional Provisions and Savings (Amendment)) Order 2016 (S.I. 2016/675), art. 2(6)(a)
Commencement
- I1
Sch. para. 1 in force at made date