In these Regulations -

"the Act" means the Companies Act 2006 [2006 c. 46.];

"appropriate qualification", "audited person", "equivalent third country", "firm", "group", "parent undertaking", "regulated market", "statutory audit", "statutory auditor", "statutory audit work", "third country", "third country auditor", "transferable securities", "transitional third country" and "UK regulated market" have the same meaning as in Part 42 of the Act;

"Audit Directive" means Directive 2006/43/EC of the European Parliament and of the Council on statutory audits of annual accounts and consolidated accounts, amending Council Directives 78/660/EEC and 83/349/EEC and repealing Council Directive 84/253/EEC [OJ L 157/87 09.06.06. This Directive was amended by Directives 2008/30/EC, 2013/34/EU and 2014/56/EU.];