Citation, commencement and interpretation1

1

These Regulations may be cited as the Companies Act 1989 (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations 1991 and shall come into force on 1st October 1991.

2

In these Regulations, “the Act” means the Companies Act 1989.

Consequential amendments

2

The enactments mentioned in the Schedule to these Regulations shall have effect with the amendments specified therein.

3

Where a partnership constituted under the law of England and Wales or under the law of any other country or territory in which a partnership is not a legal person is appointed under any enactment as amended by these Regulations, the provisions of section 26 of the Act apply to the appointment in the same way as they apply to the appointment as company auditor of such a partnership.

Transitional provision4

None of the amendments specified in the Schedule to these Regulations shall have the effect that a person is required to resign from or otherwise surrender an appointment, or that the appointment of a person must be terminated, before the date on which the person’s appointment would, apart from these Regulations, have expired.

John RedwoodMinister of State,Department of Trade and Industry