Source: http://www.legislation.gov.uk/ukpga/2006/46/part/42/chapter/3
Timestamp: 2019-06-19 20:10:48
Document Index: 280686017

Matched Legal Cases: ['art. 3', 'art. 5', 'art. 3', 'art. 3', 'art. 5', 'art. 3', 'art. 12', 'art. 12', 'art. 12', 'art. 3', 'art. 5', 'art. 3', 'art. 3', 'art. 5', 'art. 3']

Companies Act 2006, Chapter 3 is up to date with all changes known to be in force on or before 19 June 2019. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
I1S. 1228 wholly in force at 6.4.2008; s. 1228 not in force at Royal Assent, see s. 1300; s. 1228 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 1228 in force at 6.4.2008 by S.I. 2007/3495, art. 3(1)(u) (with savings in arts. 7, 12, Sch. 4 paras. 37-42)
[F1(2)The Independent Supervisor must discharge that duty by—
(b)entering into supervision arrangements with one or more [F2recognised supervisory bodies].
(3)For this purpose “supervision arrangements” are arrangements [F3established by the Independent Supervisor or] entered into by the Independent Supervisor with a body, for the purposes of this section, in accordance with which [F4the Independent Supervisor or] the body does F5. . . the following—
[F6(3A)The requirements of [F7paragraphs 9 to 10C and 12 to 16] of Schedule 10 (requirements for recognition of a supervisory body) apply in relation to supervision arrangements as they apply in relation to the rules, practices and arrangements of supervisory bodies.]
(5)The Independent Supervisor must notify each Auditor General in writing of any supervision arrangements that it [F8establishes or] enters into under this section.
[F9(5A)The Independent Supervisor must, at least once in every calendar year, deliver to the Secretary of State a summary of the results of any inspections conducted for the purposes of subsection (3)(c).]
(6)Supervision arrangements within subsection (3)(f) may, in particular, provide for the payment by an Auditor General of a fine to any person[F10or, in the case of the Auditor General for Wales, for payment by the Wales Audit Office of such a fine].
F1S. 1229(2)(2A) substituted for s. 1229(2) (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 9(2)
F2Words in s. 1229(2)(b) substituted (17.6.2016) by The Statutory Auditors and Third Country Auditors Regulations 2016 (S.I. 2016/649), reg. 1(1)(a), Sch. 3 para. 36(2)
F3Words in s. 1229(3) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 9(3)(a)
F4Words in s. 1229(3) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 9(3)(b)
F5Words in s. 1229(3) omitted (6.4.2008) by virtue of The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 9(3)(c)
F6S. 1229(3A) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 9(4)
F7Words in s. 1229(3A) substituted (17.6.2016) by The Statutory Auditors and Third Country Auditors Regulations 2016 (S.I. 2016/649), reg. 1(1)(a), Sch. 3 para. 36(3)
F8Words in s. 1229(5) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 9(5)
F9S. 1229(5A) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 9(6)
F10Words in s. 1229(6) inserted (E.W.) (1.4.2014) by Public Audit (Wales) Act 2013 (anaw 3), s. 35(2), Sch. 4 para. 81 (with Sch. 3 para. 3); S.I. 2013/1466, art. 3(1)
[F11(2)Each Auditor General must—
[F13(c)in the case of expenditure of the Auditor General for Wales, to be regarded as expenditure of the Wales Audit Office for the purposes of section 20 of the Public Audit (Wales) Act 2013.]
(4)In this section “the supervision arrangements” means the arrangements [F14established or] entered into under section 1229.
F11S. 1230(2) substituted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 10(2)
F12S. 1230(3)(a) omitted (1.4.2012) by virtue of Budget Responsibility and National Audit Act 2011 (c. 4), ss. 26, 29, Sch. 5 para. 30; S.I. 2011/2576, art. 5
F13S. 1230(3)(c) inserted (E.W.) (1.4.2014) by Public Audit (Wales) Act 2013 (anaw 3), s. 35(2), Sch. 4 para. 82 (with Sch. 3 para. 3); S.I. 2013/1466, art. 3(1)
F14Words in s. 1230(4) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 10(3)
[F15(d)The First Minister for Wales.]
[F16(3A)The First Minister for Wales must lay before the National Assembly for Wales a copy of each report received by him under subsection (2)(d).]
F15S. 1231(2)(d) substituted (6.11.2009) by The Government of Wales Act 2006 (Consequential Modifications, Transitional Provisions and Saving) Order 2009 (S.I. 2009/2958), art. 12(2)
F16S. 1231(3A) inserted (6.11.2009) by The Government of Wales Act 2006 (Consequential Modifications, Transitional Provisions and Saving) Order 2009 (S.I. 2009/2958), art. 12(3) (with art. 12(4))
I2S. 1231 wholly in force at 6.4.2008; s. 1231 not in force at Royal Assent, see s. 1300; s. 1231 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 1231 in force at 6.4.2008 by S.I. 2007/3495, art. 3(1)(u) (with savings in arts. 7, 12, Sch. 4 paras. 37-42)
I3S. 1237 wholly in force at 6.4.2008; s. 1237 not in force at Royal Assent, see s. 1300; s. 1237 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 1237 in force at 6.4.2008 by S.I. 2007/3495, art. 3(1)(u) (with savings in arts. 7, 12, Sch. 4 paras. 37-42)