Source: http://www.legislation.gov.uk/ukpga/2009/20/section/40
Timestamp: 2018-08-18 07:09:44
Document Index: 659068060

Matched Legal Cases: ['art 16', 'art 16', 'art. 3', 'art. 2', 'art. 3', 'art. 2', 'art. 3', 'art. 2']

There are currently no known outstanding effects for the Local Democracy, Economic Development and Construction Act 2009, Section 40.
(1)[F1The Auditor General for Wales] may not make an appointment under this Chapter in relation to an entity for a financial year if, by virtue of this section, the entity is exempt from audit for that year.
(2)A company is exempt from audit under this Chapter for a financial year if it appears to the [F2Auditor General for Wales] that, for the purposes of Part 16 of the Companies Act 2006 (c. 46), the company is or will be exempt from audit under that Part for that year.
(3)A limited liability partnership is exempt from audit under this Chapter for a financial year if it appears to the [F2Auditor General for Wales] that, for the purposes of Part 16 of the Companies Act 2006 (as that Part applies to limited liability partnerships), the partnership is or will be exempt from audit under that Part for that year.
(4)[F3A registered society] is exempt from audit under this Chapter for a financial year if it appears to the [F2Auditor General for Wales] that [F4—
(5)Subsection (1) does not apply if the entity requests the [F5Auditor General for Wales] to make the appointment.
F1Words in s. 40(1) substituted (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 12 para. 102(2); S.I. 2015/841, art. 3(x) (with Sch. para. 10) (as amended (27.6.2016) by S.I. 2016/675, art. 2)
F2Words in s. 40(2)-(4) substituted (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 12 para. 102(3); S.I. 2015/841, art. 3(x) (with Sch. para. 10) (as amended (27.6.2016) by S.I. 2016/675, art. 2)
F4Words in s. 40(4) substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 150 (with Sch. 5)
F5Words in s. 40(5) substituted (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 12 para. 102(4); S.I. 2015/841, art. 3(x) (with Sch. para. 10) (as amended (27.6.2016) by S.I. 2016/675, art. 2)