The Local Audit (Delegation of Functions) and Statutory Audit (Delegation of Functions) Order 2014
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Change 1
Title and introductory text
2014 No. 2009 Local Government, England And Wales Companies Auditors The Local Audit (Delegation of Functions) and Statutory Audit (Delegation of Functions) Order 2014 Made 29th July 2014 Coming into force in accordance with article 1 The Secretary of State for Communities and Local Government makes the following Order in exercise of the powers conferred by sections 1252 and 1253 of, and paragraphs 7(3) and 11(2) and (3)(a) of Schedule 13 to, the Companies Act 2006 (“the Act”). It appears to the Secretary of State that the Financial Reporting Council Limited is able and willing to exercise the functions transferred by this Order. It appears to the Secretary of State that the body has arrangements in place relating to the exercise of the functions transferred by this Order which are such as to be likely to ensure that those functions will be exercised effectively and in accordance with the relevant requirements and provisions specified in this Order. In accordance with sections 1252(11) and 1290 of the Act, a draft of this instrument has been laid before and approved by a resolution of each House of Parliament.
Title and introductory text
2014 No. 2009 Local Government, England And Wales Companies Auditors The Local Audit (Delegation of Functions) and Statutory Audit (Delegation of Functions) Order 2014 Made 29th July 2014 Coming into force in accordance with article 1 The Secretary of State for Communities and Local Government makes the following Order in exercise of the powers conferred by sections 1252 and 1253 of, and paragraphs 7(3) and 11(2) and (3)(a) of Schedule 13 to, the Companies Act 2006 (“the Act”). It appears to the Secretary of State that the Financial Reporting Council Limited is able and willing to exercise the functions transferred by this Order. It appears to the Secretary of State that the body has arrangements in place relating to the exercise of the functions transferred by this Order which are such as to be likely to ensure that those functions will be exercised effectively and in accordance with the relevant requirements and provisions specified in this Order. In accordance with sections 1252(11) and 1290 of the Act, a draft of this instrument has been laid before and approved by a resolution of each House of Parliament.
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