Companies Act 2014

F531 [ Savings

1462.

1462. (1) Subject to Chapter 22 , the 2016 Audits Regulations, as in force immediately before the date of commencement of section 3 (6) of the Companies (Statutory Audits) Act 2018

(a) in so far as they related to the conduct of statutory audits and the duties and powers of statutory auditors and audit firms in relation thereto for financial years commencing before that date, shall continue to apply to the conduct of statutory auditors and audit firms in relation thereto for those financial years, and

(b) as regards each other matter provision for which was made by those Regulations before that date, shall continue to make such provision before that date.

(2) For the purposes only of enabling the 2016 Audits Regulations to operate, for the financial years referred to in subsection (1) , on and after the date referred to in that subsection, as those Regulations operated immediately before that date, a reference in those Regulations to this Act or a provision of this Act shall be read as a reference to this Act or such provision, as the case may be, as in force immediately before that date. ]

Annotations

Amendments:

F531

Inserted (21.09.2018) by Companies (Statutory Audits) Act 2018 (22/2018), s. 51, S.I. No. 366 of 2018.