# The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019, Regulation 82

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

In Article 7 (irregularities)—
(a) in the first subparagraph—
(i) for “Article 12 of this Regulation and Directive 2005/60/EC” substitute “ relevant legislation ”;
(ii) omit “or an audit firm”;
(iii) for “financial statements” substitute “ accounts ”;
(iv) for “audited entity” in both places substitute “ audited person ”;
(v) for “he. she or it” substitute “ the statutory auditor ”;
(b) in the second subparagraph—
(i) for “audited entity” substitute “ audited person ”;
(ii) omit “or the audit firm”;
(c) in the third subparagraph, omit “or the audit firm”;
(d) after the third subparagraph, insert—
“In this Article, “relevant legislation” means—
(a) any rules made under section 340 of the Financial Services and Markets Act 2000 ;
(b) the Financial Services and Markets Act 2000 (Communications by Auditors) Regulations 2001 ;
(c) the Money Laundering, Terrorist Financing and Transfer of Funds (Information on Payer) Regulations 2017;
(d) sections 330(6), 330(7A), 333A and 342 of the Proceeds of Crime Act 2002;
(e) sections 45 and 46 of the Criminal Finances Act 2017;
(f) the Terrorism Act 2000.”.

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Source: https://www.legislation.gov.uk/uksi/2019/177/regulation/82 (the official version)
Page: https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2019/regulation-82
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.