Introductory Text
SI 2012/1439
Made 31st May 2012
Laid before Parliament 11th June 2012
Coming into force 2nd July 2012
It appears to the Secretary of State that the Conduct Committee of the Financial Reporting Council Limited [A company registered in England and Wales with number 02486368.] -
(a) is a body having an interest in, and having satisfactory procedures directed to, monitoring compliance by issuers of transferable securities with accounting requirements imposed by Part 6 rules [Defined in section 103(1) of the Financial Services and Markets Act 2000 (c.8); section 103 was substituted by S.I. 2005/1433.] in relation to periodic accounts and reports produced by such issuers;
(b) is otherwise a fit and proper body to be appointed to exercise the functions mentioned at section 14(2) of the Companies (Audit, Investigations and Community Enterprise) Act 2004 [2004 c.27. Section 14(2) was amended by section 1272 of, and paragraphs 13 and 14 of Schedule 15 to the Companies Act 2006 (c.46).];
(c) will exercise its functions as a prescribed body in accordance with the requirements of this Order;