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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2015 - onwards
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14A. Funding in respect of functions of Supervisory Authority under certain regulations.

Repealed from 1 June 2015

(1) In this section -

"public-interest entities" has the same meaning as in Regulation 3 of the 2010 Regulations;

"statutory audit firm" has the same meaning as in Regulation 3 of the 2010 Regulations;

"statutory auditor" has the same meaning as in Regulation 3 of the 2010 Regulations;

"the 2010 Regulations" means the European Communities (Statutory Audits) (Directive 2006/43/EC) Regulations 2010 (S.I. No. 220 of 2010).

(2) For the purposes specified in subsection (3), the Supervisory Authority may impose, with the Minister's consent and subject to subsections (4) to (6), one or more levies in each financial year of the Supervisory Authority on statutory auditors and audit firms auditing public-interest entities.

(3) Money received by the Supervisory Authority under this section may be used only for the purposes of meeting expenses properly incurred by it in performing its functions and exercising its powers under Regulations 83 and 84 of the 2010 Regulations and under any other R

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