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The Accounting Standards (Prescribed Bodies) (United States of America and Japan) (Amendment) Regulations 2023

United Kingdom · regulation

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In force since 2024-05-08, as the publisher states.

Copy read on 2026-11-10. The page it was read from

Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

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Contents: 7 provisions
  1. Title and introductory text
  2. 1 Citation, commencement and extent
  3. 2 Amendment to the Accounting Standards (Prescribed Bodies) (United States of America and Japan) Regulations 2015
  4. 3 Amendment to regulation 1
  5. 4 New regulation 5A
  6. 5 Substitution of regulation 8
  7. 6 Substitution of regulation 8

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7 provisions

Title and introductory text

2023 No. 975 Companies The Accounting Standards (Prescribed Bodies) (United States of America and Japan) (Amendment) Regulations 2023 Made 31st August 2023 Laid before Parliament 6th September 2023 Coming into force 29th September 2023 The Secretary of State, in exercise of the powers conferred by sections 464(1) and (3) and 468 of the Companies Act 2006 and by section 14A of the Interpretation Act 1978, makes the following Regulations.

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1 Citation, commencement and extent

(1) These Regulations may be cited as the Accounting Standards (Prescribed Bodies) (United States of America and Japan) (Amendment) Regulations 2023. (2) These Regulations come into force on 29th September 2023. (3) These Regulations extend to the whole of the United Kingdom.

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2 Amendment to the Accounting Standards (Prescribed Bodies) (United States of America and Japan) Regulations 2015

The Accounting Standards (Prescribed Bodies) (United States of America and Japan) Regulations 2015 are amended in accordance with regulations 3 to 6.

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3 Amendment to regulation 1

(1) Regulation 1 (citation, commencement and expiry) is amended as follows. (2) For the heading of regulation 1 substitute— Citation and commencement . (3) Omit paragraph 3.

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4 New regulation 5A

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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5 Substitution of regulation 8

For regulation 8 (review) substitute— 8. (1) The Secretary of State must from time to time— (a) carry out a review of these Regulations; (b) set out the conclusions of the review in a report; and (c) publish the report. (2) The report must in particular— (a) set out the objectives intended to be achieved by these Regulations; (b) assess the extent to which those objectives are achieved; and (c) assess whether those objectives remain appropriate and, if so, the extent to which they could be achieved with a system that imposes less regulation. (3) The first report under this regulation must be published before 30th September 2028. (4) Reports under this regulation are afterwards to be published at intervals not exceeding five years. .

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