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The Friendly and Industrial and Provident Societies Act 1968 (Audit Exemption) (Amendment) Order 2006
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Draft Legislation:
This is a draft item of legislation and has not yet been made as a UK Statutory Instrument.
Draft Order laid before Parliament under section 2 of the Industrial and Provident Societies Act 2002, for approval by resolution of each House of Parliament.
Draft Statutory Instruments
2006 No.xxxx
industrial and provident societies
The Friendly and Industrial and Provident Societies Act 1968 (Audit Exemption) (Amendment) Order 2006
Made
XXXX
Coming into force
6th April 2006
This Order is made in exercise of the powers conferred by section 2 of the Industrial and Provident Societies Act 2002(1).
There has been a modification of the statutory provisions in force in Great Britain relating to companies(2).
It appears to the Treasury to be expedient to modify the relevant statutory provisions(3) for the purpose of assimilating the law relating to companies and the law relating to industrial and provident societies.
A draft of this instrument has been laid before Parliament in accordance with section 2(5) of that Act and approved by a resolution of each House of Parliament.
Accordingly the Treasury make the following Order:
(1)
(2)
See the Companies Act 1985 (Accounts of Small and Medium-Sized Enterprises and Audit Exemption) (Amendment) Regulations 2004 (S.I. 2004/16).
(3)
“Relevant statutory provisions” is defined by section 2(2) of the Industrial and Provident Societies Act 2002 and includes the Friendly and Industrial and Provident Societies Act 1968 (c.55).
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