For regulation 4 substitute -

"4.

In section 479A (subsidiary companies: conditions for exemption from audit) [Section 479A was inserted by S.I. 2012/2301 and amended by S.I. 2015/980.] -

(a) in subsection (1)(b), for "an EEA State" substitute "any part of the United Kingdom";

(b) in subsection (2)(c), for sub-paragraph (i) substitute -

"(i) if the undertaking is a company, the requirements of Part 15 of this Act, or, if the undertaking is not a company, the legal requirements which apply to the drawing up of consolidated accounts for that undertaking, or".

4A.

In section 479C(2) (subsidiary companies audit exemption: parent undertaking declaration of guarantee) [Section 479C was inserted by S.I. 2012/2301.] -

(a) for paragraph (b) substitute -

"(b) the registered number (if any) of the parent undertaking,";

(b) omit paragraph (c).".