The
Deregulation Bill was introduced in
Parliament earlier this week. A copy of the Bill, as introduced, is available
here or
here (
pdf). Explanatory notes for the Bill are available
here or
here (
pdf).
Clause 11 will amend
Chapter 4,
Part 16, of the
Companies Act 2006 in respect of the reporting requirements imposed on auditors when ceasing to hold office.
Clause 12 introduces various changes to insolvency and company law, set out more fully in
Schedule 5.
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