In Schedule 4 (transitional provision) -

(a) in paragraph 1, before sub-paragraph (a) insert -

"(za) regulations 4 and 50(b) [These transitional provisions relate to amendments made to the Statutory Auditors and Third Country Auditors (Amendment) (EU Exit) Regulations 2019, S.I. 2019/177, by regulations 4 and 7 of the Statutory Auditors, Third Country Auditors and International Accounting Standards (Amendment) (EU Exit) Regulations 2019, S.I. 2019/1392, which were made under section 484(1) of the Companies Act 2006 and section 15 of the Limited Liability Partnerships Act 2000 respectively.];

(b) after paragraph 1 insert -

"1A. In its continuing application in relation to audits of accounts for financial years that begin before IP completion day, section 479A(1)(b) of the Companies Act 2006 [Section 479A was inserted by regulation 7 of S.I. 2012/2301, and relevantly amended by S.I. 2019/177.] (including as modified by regulation 34A of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 [S.I. 2008/1911; regulation 34A was inserted by regulation 20(4) of S.I. 2012/2301, and relevantly amended by S.I. 2019/177.]) must be treated as if the reference to a parent undertaking being established under the law of an EEA State included a reference to a parent undertaking being established under the law of any part of the United Kingdom.".