Regulation 38A The maximum engagement period

Version status: In force | Document consolidation status: Updated to reflect all known changes

Version date: 31 December 2020 - onwards

Section 494ZA applies to LLPs, modified so that it reads as follows -

(1) Where a person is auditor of an LLP for consecutive financial years, the maximum engagement period of the person as auditor of the LLP -

(a) begins with the first of those years (see the appropriate entry in the first column of the following Table), and

(b) ends with the financial year specified in the corresponding entry in the second column of the Table:

First financial year of the maximum engagement period	Last financial year of the maximum engagement period
A financial year of the LLP beginning before 17 June 1994.	The last financial year of the LLP to begin before 17 June 2020.
A financial year of the LLP beginning-	The last financial year of the LLP to begin before 17 June 2023.

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