Regulation 53
In Part 13 (removal, resignation, etc of auditors), in regulation 46 (auditor statements), in the modified section 519A [Section 519A of the Companies Act 2006, as set out in regulation 46, was inserted by paragraph 19(b) of Schedule 3 to the Statutory Auditors Regulations 2017 (S.I. 2017/1164).] -
(a) in subsection (1), in the definition of "public interest LLP" -
(i) in paragraph (a), for "regulated market" substitute "UK regulated market";
(ii) in paragraph (b), for "other than one listed in Article 2 of Directive 2013/36/EU of the European Parliament and of the Council on access to the activity of credit institutions and investment firms" substitute "which is a CRR firm within the meaning of Article 4(1)(2A) of the same Regulation";
(b) in subsection (2), omit the definitions of "regulated market" and "transferable securities".