The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020
| Year | 2020 |
2020 No. 523
Exiting The European Union
Companies
Auditors
Fees And Charges
Limited Liability Partnerships
Partnership
The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020
Made 18th May 2020
Laid before Parliament 21th May 2020
Coming into force in accordance with regulation 1(2)
The Secretary of State makes these Regulations in exercise of the powers conferred by section 41(1) of the European Union (Withdrawal Agreement) Act 20201.
PART 1
Citation and commencement
1.—(1) These Regulations may be cited as the Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020.
(2) These Regulations come into force immediately before IP completion day, except for this Part and Part 8 which come into force immediately before regulation 6 of the Statutory Auditors, Third Country Auditors and International Accounting Standards (Amendment) (EU Exit) Regulations 20192comes into force.
PART 2
Amendments to the European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018
2. The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 20183are amended in accordance with this Part.
3. In Part 2—
(a) in regulation 4(a), for “exit day”, in both places where it appears, substitute “IP completion day”;
(b) in regulation 8, in inserted regulation 12A—
(i) in paragraph (1)—
(aa) in the opening words, for “exit day” substitute “IP completion day”;
(bb) in sub-paragraph (a), for “exit day”, in both places where it appears, substitute “IP completion day”;
(cc) in sub-paragraph (b), for “exit day”, in both places where it appears, substitute “IP completion day”;
(ii) in paragraph (2), for “exit day” substitute “IP completion day”;
(iii) in paragraph (3), for “exit day” substitute “IP completion day”;
(iv) in paragraph (4), for “exit day”, in both places where it appears, substitute “IP completion day”;
(v) in paragraph (6), for “exit day” substitute “IP completion day”;
(c) in regulation 24(a), for “exit day” substitute “IP completion day”;
(d) in regulation 36(b)(i), for “exit day” substitute “IP completion day”;
(e) in regulation 49—
(i) in paragraph (a)—
(aa) in sub-paragraph (ii), for “exit day”, in each of the three places where it appears, substitute “IP completion day”;
(bb) in sub-paragraph (viii), for “exit day” substitute “IP completion day”;
(cc) in sub-paragraph (x), for “exit day”, in both places where it appears, substitute “IP completion day”;
(ii) in paragraph (c), for “exit day”, in both places where it appears, substitute “IP completion day”;
(f) in regulation 56(b), for “exit day” substitute “IP completion day”;
(g) in regulation 64(a)(iii), for “exit day” substitute “IP completion day”;
(h) in regulation 67—
(i) in paragraph (a)—
(aa) in sub-paragraph (ii), for “exit day”, in each of the three places where it appears, substitute “IP completion day”;
(bb) in sub-paragraph (viii), for “exit day” substitute “IP completion day”;
(cc) in sub-paragraph (x), for “exit day”, in both places where it appears, substitute “IP completion day”;
(ii) in paragraph (c), for “exit day”, in both places where it appears, substitute “IP completion day”;
(i) in regulation 74(b), for “exit day” substitute “IP completion day”;
(j) in regulation 81(a)(iii), for “exit day” substitute “IP completion day”;
(k) in regulation 84(c), for “exit day”, in both places where it appears, substitute “IP completion day”;
(l) in regulation 88—
(i) in paragraph (a), for “exit day” substitute “IP completion day”;
(ii) in paragraph (b), for “exit day” substitute “IP completion day”;
(m) in regulation 95(b), for “exit day” substitute “IP completion day”.
4. In Part 3—
(a) in regulation 97—
(i) in inserted Article A1, in the definition of “SE”, for “exit day” substitute “IP completion day”;
(ii) in inserted Article AA1—
(aa) in paragraph 1, for “exit day”, in each of the three places where it appears, substitute “IP completion day”;
(bb) in the opening words of paragraph 2, for “exit day” substitute “IP completion day”;
(cc) in paragraph 5, for “exit day”, in each of the three places where it appears, substitute “IP completion day”;
(b) in regulation 106(c)(ii), for “exit day” substitute “IP completion day”.
5. In Part 4—
(a) in regulation 140, for “exit day”, in both places where it appears, substitute “IP completion day”;
(b) in regulation 141, for “exit day”, in both places where it appears, substitute “IP completion day”;
(c) in regulation 142—
(i) in paragraph (1), for “exit day”, in both places where it appears, substitute “IP completion day”;
(ii) in paragraph (2), for “exit day”, in each of the three places where it appears, substitute “IP completion day”;
(d) in regulation 143—
(i) in paragraph (1), for “exit day” substitute “IP completion day”;
(ii) in paragraph (2), for “exit day” substitute “IP completion day”;
(e) in regulation 144, for “exit day”, in each of the three places where it appears, substitute “IP completion day”;
(f) in regulation 145, for “exit day”, in both places where it appears, substitute “IP completion day”;
(g) in regulation 146(1)—
(i) in the opening words, for “exit day” substitute “IP completion day”;
(ii) in paragraph (a), for “exit day”, in both places where it appears, substitute “IP completion day”;
(iii) in paragraph (b), for “exit day” substitute “IP completion day”;
(iv) in paragraph (c), for “exit day” substitute “IP completion day”;
(h) in regulation 147, for “exit day”, in both places where it appears, substitute “IP completion day”;
(i) in regulation 148, for “exit day” substitute “IP completion day”;
(j) in regulation 149(c)—
(i) in sub-paragraph (iv), for “exit day” substitute “IP completion day”;
(ii) in sub-paragraph (v), for “exit day”, in both places where it appears, substitute “IP completion day”;
(k) in regulation 153(1)—
(i) in the opening words, for “exit day” substitute “IP completion day”;
(ii) in paragraph (a), for “exit day”, in both places where it appears, substitute “IP completion day”;
(iii) in paragraph (b), for “exit day” substitute “IP completion day”;
(iv) in paragraph (c), for “exit day” substitute “IP completion day”;
(l) in regulation 154, for “exit day”, in both places where it appears, substitute “IP completion day”;
(m) in regulation 155, for “exit day” substitute “IP completion day”;
(n) in regulation 156(c)—
(i) in sub-paragraph (iii)(aa), for “exit day” substitute “IP completion day”;
(ii) in sub-paragraph (iv), for “exit day”, in both places where it appears, substitute “IP completion day”.
PART 3
Amendments to the European Economic Interest Grouping (Amendment) (EU Exit) Regulations 2018
6. The European Economic Interest Grouping (Amendment) (EU Exit) Regulations 20184are amended in accordance with this Part.
7. In Part 2, in regulation 9, in substituted regulation 9—
(a) in paragraph (1), for “exit day”, in both places where it appears, substitute “IP completion day”;
(b) in paragraph (2), for “exit day” substitute “IP completion day”;
(c) in paragraph (3), for “exit day” substitute “IP completion day”;
(d) in paragraph (4)(b), for “exit day” substitute “IP completion day”;
(e) in paragraph (6), for “exit day”, in both places where it appears, substitute “IP completion day”;
(f) in paragraph (7), for “exit day”, in both places where it appears, substitute “IP completion day”;
(g) in paragraph (9), for “exit day” substitute “IP completion day”.
8. In Part 3—
(a) in regulation 33, in substituted Article 1—
(i) in paragraph 1, for “exit day”, in each of the three places where it appears, substitute “IP completion day”;
(ii) in paragraph 2(b), for “exit day” substitute “IP completion day”;
(iii) in paragraph 4, for “exit day”, in both places where it appears, substitute “IP completion day”;
(iv) in paragraph 5, for “exit day” substitute “IP completion day”;
(b) in regulation 34, in paragraph 3(b) of inserted Article 1A, for “exit day” substitute “IP completion day”;
(c) in regulation 38(c), for “exit day”, in both places where it appears, substitute “IP completion day”;
(d) in regulation 46, in paragraph 2 of substituted Article 13, for “exit day” substitute “IP completion day”.
PART 4
Amendments to the Accounts and Reports (Amendment) (EU Exit) Regulations 2019
9. The Accounts and Reports (Amendment) (EU Exit) Regulations 20195are amended in accordance with this Part.
10. In regulation 1(2)(b), for “exit day” substitute “IP completion day”.
11. In regulation 7—
(a) in paragraph (1), for “exit day” substitute “IP completion day”;
(b) in paragraph (3), for “exit day” substitute “IP completion day”.
12. In Schedule 3—
(a) in paragraph 31(b), for “exit day” substitute “IP completion day”;
(b) in paragraph 37, in paragraph (1) of inserted regulation 12ZA, for “exit day” substitute “IP completion day”.
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