{
  "url": "https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2020/regulation-13",
  "json_url": "https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2020/regulation-13.json",
  "legislation": "uksi/2020/108",
  "legislation_title": "The Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2020",
  "path": "regulation/13",
  "kind": "regulation",
  "number": "13",
  "heading": "Conditions for grant of approval",
  "text": "(1) The Secretary of State may not grant to a third country competent authority—\n(a) approval as an approved third country competent authority unless the Secretary of State is satisfied that condition A is met; or\n(b) provisional approval as an approved third country competent authority unless the Secretary of State is satisfied that condition B is met.\n(2) Condition A is that the third country competent authority is adequate in relation to its ability to co-operate with the competent authority on the exchange of audit working papers and investigation reports.\n(3) Condition B is that it is likely that—\n(a) the third country competent authority is adequate in relation to its ability to co-operate with the competent authority on the exchange of audit working papers and investigation reports; and\n(b) that adequacy can reasonably be expected to have been established before the end of the period of provisional approval.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 13 in force at 21.2.2020, see reg. 1(2)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2020/108/regulation/13",
    "retrieved_at": "2026-10-28T22:34:02.855080+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}