Regulation 80 I1

omit “or an audit firm”;

omit “or the audit firm”;

for “audited entity” substitute “ audited person ”;

after “parent undertaking” insert “ (incorporated or formed in any part of the United Kingdom) ”;

for “controlled undertakings” substitute “ subsidiary undertakings ”;

omit “within the Union”;

in point (a), for “period audited” substitute “ financial year of the accounts to be audited ”;

in point (b), for “the period referred to in point (a)” substitute “ that period ”;

in point (a)(iv), omit “or the audit firm”;

in point (a)(v), omit “or the audit firm”;

in point (b), for “audited entity” substitute “ audited person ”;

in point (c), for “financial statements” substitute “ accounts ”;

in point (g)(ii), for “audited entity” substitute “ audited person ”;

in point (h), for “audited entity's” substitute “audited person's”;

in point (i)—

in point (j), for “audited entity” substitute “ audited person ”;

in point (k)(i), for “financial statements” substitute “ the accounts ”;

omit “or an audit firm”;

omit “or the audit firm”;

for “audited entity” substitute “ audited person ”;

after “parent undertaking” insert “ (incorporated or formed in any part of the United Kingdom) ”;

for “controlled undertakings” substitute “ subsidiary undertakings ”;

for “Article 22b of Directive 2006/43/EC” substitute “ paragraph 8 of Schedule 1 to the Statutory Auditors and Third Country Auditors Regulations 2016 ”;