Regulation 20 I1

United Kingdom

In section 1253D (restriction on transfer of audit working papers to third countries) M1—

(a)

in subsection (1) M2, for “except” substitute “ unless the third country competent authority is an approved third country competent authority and the transfers are made ”;

(b)

omit subsection (2) M3.

Annotations

Marginal citations

M1: Section 1253D was inserted by regulation 15(1) of S.I. 2007/3494, and substituted by regulation 2 of S.I. 2010/2537.
M2: Subsection (1) was amended by paragraph 43(2) of Schedule 3 to S.I. 2016/649.
M3: Subsection (2) was amended by regulation 13(5) of S.I. 2017/516.

Commencement

I1: Reg. 20 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2