# The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019, Regulation 59

Extent: E+W+S+N.I.

In regulation 6 (register of third country auditors)—
(a) in paragraph (2)(e), after “EEA competent authority” insert “ under Article 45(1) of the Audit Directive ”;
(b) in paragraph (2)(f)—
(i) for “any body which” substitute “ each third country competent authority that ”;
(ii) after “law of a third country” insert “ and the registration number (if any) which each one has allocated to the individual ”;
(c) in paragraph (3)(b), for “UK-traded non-EEA companies” substitute “ UK-traded third country companies ”;
(d) in paragraph (3)(h)—
(i) for “UK-traded non-EEA companies” substitute “ UK-traded third country companies ”;
(ii) after “registration number” insert “ (if any) ”;
(iii) for “body” substitute “ third country competent authority or other body ”;
(e) in paragraph (3)(j), after “EEA competent authority” insert “ under Article 45(1) of the Audit Directive ”;
(f) in paragraph (3)(k)—
(i) for “any body which” substitute “ each third country competent authority that ”;
(ii) after “law of a third country” insert “ and the registration number (if any) which each one has allocated to the firm ”;
(g) for paragraph (7) substitute—
“(7) In this regulation—
“Audit Directive” means Directive 2006/43/EC of the European Parliament and of the Council on statutory audits of annual accounts and consolidated accounts;
“EEA competent authority” means a competent authority within the meaning of Article 2(10) of the Audit Directive of an EEA State;
“network” means an association of persons other than a firm co-operating in audit work by way of—
(a)profit sharing,
(b)cost sharing,
(c)common ownership, control or management,
(d)common quality control policies and procedures,
(e)common business strategy, or
(f)use of a common brand name.
(8) For the purposes of this regulation, Gibraltar is to be treated as if it were an EEA State and subject to the Audit Directive.”.

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Source: https://www.legislation.gov.uk/uksi/2019/177/regulation/59 (the official version)
Page: https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2019/regulation-59
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.