The Accounts and Reports (Amendment) (EU Exit) Regulations 2019
| Jurisdiction | UK Non-devolved |
| Citation | SI 2019/145 |
(1) These Regulations may be cited as the Accounts and Reports (Amendment) (EU Exit) Regulations 2019.this regulation and Schedule 1 come into force on the seventh day after the day on which these Regulations are made;the provisions to which regulation 2 applies have effect in relation to financial years beginning on or after F62IP completion day;the rest of these Regulations come into force on exit day paragraphs 1, 4, 15 and 18(b) ; paragraph 18(a) , in so far as the new definitions do not apply to enactments which operate by reference to financial years; Part 2 of Schedule 2;
Schedule 3, except paragraphs 2, 3, 6, 8 to 11, 14, 18, 22 to 35, 37 and 41. In these Regulations, “
Schedule 1 contains amendments to primary and secondary legislation which are made under section 2(2) of the European Communities Act 1972. Schedule 2 contains amendments to primary legislation made under the European Union (Withdrawal) Act 2018.
Schedule 3 contains amendments to secondary legislation made under the European Union (Withdrawal) Act 2018. (1) This regulation applies in relation to financial years that begin before, but end on or after F63IP completion day .(2) The enactments amended by the provisions to which regulation 2 applies, so far as they operate by reference to financial years, as specified in regulation 2, have effect as if the United Kingdom were a member State until the end of the financial year in question.(3) The enactments amended by paragraph 5(a) of Schedule 3 have effect as if Part 14 of the Companies Act 2006 had effect as it had effect immediately before F64IP completion day until the end of the financial year in question.In the Companies Act 2006 a credit institution within the meaning given by Article 4(1) (1) of Regulation (EU) No. 575/2013 of the European Parliament and of the Council , other than one listed in Article 2 of Directive 2013/36/EU of the European Parliament and of the Council on access to the activity of credit institutions and investment firms ,In the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 In the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 a credit institution within the meaning given by Article 4(1) (1) of Regulation (EU) No. 575/2013 of the European Parliament and of the Council , other than one listed in Article 2 of Directive 2013/36/EU of the European Parliament and of the Council on access to the activity of credit institutions and investment firms ,(1) The Companies Act 2006 is amended in accordance with this Part of this Schedule.(2) In section 384(2) (b) (companies excluded from the small companies regime) , for “regulated market in an EEA State” substitute “ UK regulated market ” .in the opening words omit “was”;at the beginning of paragraph (a) insert “ was ” ;at the beginning insert “ would have been ” ;at the end before the comma insert “ were the United Kingdom a member State ” ;at the beginning insert “ would have been ” ;at the end before the comma insert “ were the United Kingdom a member State ” ;in paragraph (d) , for the words from “other than one” to the end substitute “ which is a CRR firm within the meaning of Article 4(1) (2A) of that Regulation, ” ;at the beginning insert “ would have been ” ;at the end insert “ were the United Kingdom a member State ” ; andat the beginning of paragraph (f) insert “ was ” .
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