IMPLEMENTS
Directive 2006/43/EC of the European Parliament and of the Council of 17 May 2006 on statutory audits of annual accounts and consolidated accounts, amending Council Directives 78/660/EEC and 83/349/EEC and repealing Council Directive 84/253/EEC (1)

COMMENTED by
The Building Societies Act 1986 (Accounts, Audit and EEA State Amendments) Order 2008 (Note)

EXTENDED by
The Building Societies Act 1986 (Accounts, Audit and EEA State Amendments) Order 2008 (Memo)

The Building Societies Act 1986 (Accounts, Audit and EEA State Amendments) Order 2008

Statutory Instruments

2008 No. 1519

Building Societies

The Building Societies Act 1986 (Accounts, Audit and EEA State Amendments) Order 2008

Made

11th June 2008

Coming into force

29th June 2008

A draft of this Order has been laid before Parliament in accordance with section 104(5) of the Building Societies Act 1986(1) and section 2(2) of the European Communities Act 1972(2) and approved by both Houses of Parliament.

The Treasury is a department designated(3) in relation to the conduct of the business of a building society, and the authorisation and regulation of the carrying on of business by building societies, and in relation to auditors and the audit of accounts.

The Treasury, in exercise of the powers conferred by section 104(1), (3) and (4) of the Building Societies Act 1986 and by section 2(2) of the European Communities Act 1972, make the following Order.

PART 1

INTRODUCTORY

Citation, commencement and application

1.—(1) This Order may be cited as the Building Societies Act 1986 (Accounts, Audit and EEA State Amendments) Order 2008.

(2) This Order comes into force on 29th June 2008.

(3) The modifications to the 1986 Act made by articles 3 to 6 and Schedules 1 and 2 apply only in relation to—

(a)

financial years beginning on or after 29th June 2008, and

(b)

auditors appointed for those financial years;

and the 1986 Act shall have effect in relation to previous financial years, and auditors appointed ...

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