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Regulation 33 Arrangements for registered third country auditors: consequential amendments

(1)

Schedule 12 to the Companies Act 2006 (arrangements in which registered third country auditors are required to participate) is amended as follows.

(2)

In the italic cross-heading above paragraph 1, for “traded non-Community companies” substitute “ UK-traded non-EEA companies ”.

(3)

In paragraph 1—

(a)

in sub-paragraph (1)(a) for “third country audit functions” substitute “ functions related to the audit of UK-traded non-EEA companies ”;

(b)

omit sub-paragraph (2).

(4)

In paragraph 2—

(a)

in sub-paragraph (1)(a) for “third country audit functions” substitute “ functions related to the audit of UK-traded non-EEA companies ”;

(b)

in sub-paragraph (2), omit the definition of “third country audit function”.