Article 1 Citation, commencement and interpretation

This Order may be cited as the Supervision of Accounts and Reports (Prescribed Body) Order 2007 and shall come into force on 1st October 2007.

In this Order—

• “the Act” means the Companies (Audit, Investigations and Community Enterprise) Act 2004;

• “the prescribed body” means the body known as the Financial Reporting Review Panel established under the articles of association of The Financial Reporting Review Panel Limited;

• “regulated market” has the meaning given by Article 4(1)(14) of Directive 2004/39/EC of the European Parliament and of the Council on markets in financial instruments^f1;

• “the transparency obligations directive” means Directive 2004/109/EC of the European Parliament and of the Council relating to the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market^f2.