Companies (Disclosure of Information) (Designated Authorities) (No. 2) Order 2002

JurisdictionUK Non-devolved
CitationSI 2002/1889
Year2002

2002 No. 1889

COMPANIES

The Companies (Disclosure of Information) (Designated Authorities) (No. 2) Order 2002

Made 19th July 2002

Laid before Parliament 22th July 2002

Coming into force 14th August 2002

The Secretary of State, in exercise of her powers under section 449(1B) and (1C) of the Companies Act 19851and section 87(5) of the Companies Act 19892, makes the following Order:—

S-1 Title, commencement and interpretation

Title, commencement and interpretation

1.—(1) This Order may be cited as the Companies (Disclosure of Information) (Designated Authorities) (No. 2) Order 2002 and shall come into force on 14th August 2002.

(2) In this Order—

the 1985 Act” means the Companies Act 1985; and

the 1989 Act” means the Companies Act 1989.

S-2 Designation of the Comptroller and Auditor General for the purposes of section 449(1B) of the 1985 Act; and restriction on disclosure under that section

Designation of the Comptroller and Auditor General for the purposes of section 449(1B) of the 1985 Act; and restriction on disclosure under that section

2.—(1) The Comptroller and Auditor General is designated for the purposes of section 449(1B) of the 1985 Act in relation to his functions under Part 2 of the National Audit Act 19833.

(2) But section 449(1B) permits publication or disclosure by virtue of this designation only where the publication or disclosure is made by the National Lottery Commission to the National Audit Office for the purpose of enabling or assisting the Comptroller and Auditor General to carry out an examination into the economy, efficiency and effectiveness with which the National Lottery Commission has used its resources in discharging its functions under sections 5 to 10 of the National Lottery etc. Act 19934.

S-3 Addition of the Comptroller and Auditor General to the Table in section 87(4) of the 1989 Act; and restriction on disclosure under section 87(1)(b)

Addition of the Comptroller and Auditor General to the Table in section 87(4) of the 1989 Act; and restriction on disclosure under section 87(1)(b)

3.—(1) The Table in section 87(4) of the 1989 Act is amended as follows.

(2) After the entry relating to the National Lottery Commission5insert the following—

“The Comptroller and Auditor General.

Functions under Part 2 of the National Audit Act 1983.”

(3) At the end of the Table add the following—

Note: Article 3(4) of the Companies (Disclosure of Information) (Designated Authorities) (No. 2) Order 2002 restricts the circumstances in which disclosure for the purpose of enabling or assisting the Comptroller and Auditor General to discharge his relevant functions is permitted.”.

(4) Disclosure under section 87(1)(b) of the 1989 Act is permitted by virtue of the amendment made by paragraph (2) only where the disclosure is made by the National Lottery Commission to the National Audit Office for the purpose of enabling or assisting the Comptroller and Auditor General to carry out an examination into the economy, efficiency and effectiveness with which the National Lottery Commission has used its resources in discharging its functions under sections 5 to 10 of the National Lottery etc. Act 1993.

Melanie Johnson,

Parliamentary Under Secretary of State for Competition, Consumers and Markets,

Department of Trade and Industry

19th July 2002

(This note is not part of the Order)

This Order designates the Comptroller and Auditor General (“the Comptroller”) for the purposes of section 449...

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