# The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019, Regulation 85

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

In Article 10 (audit report)—
(a) in paragraph 1, for “auditor(s) or the audit firm(s)” substitute “ auditor ”;
(b) in paragraph 2, in the first subparagraph—
(i) for “provisions of Article 28 of Directive 2006/43/EC” substitute “ the public interest entity audit reporting requirements ”;
(ii) in point (a)—
(aa) for “auditor(s) or the audit firm(s)” substitute “ auditor ”;
(bb) omit “(were)”;
(iii) in point (b), for “engagement including previous renewals and reappointments of the statutory auditors or the audit firms” substitute “ consecutive reappointments of the statutory auditor ”;
(iv) in point (c), in the second subparagraph, for “financial statements” substitute “ accounts ”;
(v) in point (f)—
(aa) for “auditor(s) or the audit firm(s)” substitute “ auditor ”;
(bb) for “audited entity” substitute “ audited person ”;
(vi) in point (g)—
(aa) omit “or the audit firm”;
(bb) for “audited entity” substitute “ audited person ”;
(cc) for “controlled undertaking(s)” substitute “ subsidiary undertakings ”;
(dd) for “management reports or financial statements” substitute “ accounts or the reports required to be prepared by the management body of the audited person to accompany the accounts ”;
(c) in paragraph 2, omit the second subparagraph;
(d) in paragraph 4—
(i) omit “or the audit firm”;
(ii) for “any competent authority” substitute “ the competent authority ”;
(iii) for “that authority” substitute “ the authority ”.

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Source: https://www.legislation.gov.uk/uksi/2019/177/regulation/85 (the official version)
Page: https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2019/regulation-85
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.