{
  "url": "https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2020/regulation-9",
  "json_url": "https://openlegislation.uk/statutory-auditors-and-third-country-auditors-amendment-eu-exit-regulations-2020/regulation-9.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/9",
  "kind": "regulation",
  "number": "9",
  "heading": "Suspension of approval",
  "text": "(1) If, in relation to a third country which has been granted approval, provisional approval or transitional approval by relevant regulations, the Secretary of State is no longer satisfied that condition A, B or C is met, the Secretary of State may direct that the approval, provisional approval or transitional approval is suspended with effect—\n(a) from a date specified in the direction; or\n(b) for financial years beginning or ending on or after a date specified in the direction;\nfor a period of no longer than two years beginning on the date of the direction.\n(2) A suspension under paragraph (1) may be extended so that the suspension is for a total period of no longer than three years beginning on the date of the direction.\n(3) The Secretary of State may revoke a direction to suspend approval, provisional approval or transitional approval.\n(4) The Secretary of State must inform the competent authority of—\n(a) any suspension of approval, provisional approval or transitional approval;\n(b) any extension of such a suspension; and\n(c) any revocation of a direction to suspend approval, provisional approval or transitional approval.\n(5) The Secretary of State must make arrangements for—\n(a) publication on a publicly accessible website of details of—\n(i) any suspension of approval, provisional approval or transitional approval;\n(ii) any extension of such a suspension; and\n(iii) any revocation of a direction to suspend approval, provisional approval or transitional approval; and\n(b) informing any registered third country auditors of any UK-traded third country companies incorporated or formed under the law of a third country whose approval, provisional approval or transitional approval has been suspended—\n(i) of that suspension;\n(ii) of any extension of that suspension; and\n(iii) where there is subsequently a revocation of the direction to suspend approval, provisional approval or transitional approval, of that revocation.\n(6) For the purposes of this regulation—\n(a) approval granted for an indefinite period under Schedule 1 to the Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019 is to be treated as if it were granted under relevant regulations on the basis that condition A were met;\n(b) approval granted for a finite period of time under that Schedule is to be treated as if it were granted under relevant regulations on the basis that condition B were met;\n(c) transitional approval granted under that Schedule is to be treated as if it were granted under relevant regulations on the basis that condition C were met.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 9 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/9",
    "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."
}