{
  "url": "https://openlegislation.uk/local-audit-modification-of-financial-reporting-requirements-regulations-2025/note",
  "json_url": "https://openlegislation.uk/local-audit-modification-of-financial-reporting-requirements-regulations-2025/note.json",
  "legislation": "uksi/2025/652",
  "legislation_title": "The Local Audit (Modification of Financial Reporting Requirements) Regulations 2025",
  "legislation_url": "https://openlegislation.uk/local-audit-modification-of-financial-reporting-requirements-regulations-2025",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations modify the requirement in section 3(3) of the Local Audit and Accountability Act 2014 (c. 2) for a relevant authority (other than a health service body) to prepare a statement of accounts in respect of each financial year, for the following authorities which were established on 5th February 2025—\nDevon and Torbay Combined County Authority\nGreater Lincolnshire Combined County Authority,\nHull and East Yorkshire Combined Authority,\nLancashire Combined County Authority.\nRegulation 2 disapplies the requirement for these authorities to prepare a statement of accounts in respect of the financial year beginning with 1st April 2024. It also modifies section 3(3) by extending the period for which the statement of accounts in respect of the financial year beginning with 1st April 2025 is to be prepared, so that it covers the period beginning with 5th February 2025.\nA full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/652/note",
    "retrieved_at": "2026-10-28T21:15:18.034446+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."
}