BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?
No donation is too small. If every visitor before 31 December gives just £5, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!
 |
[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback] | |
United Kingdom Statutory Instruments |
||
|
You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Accounts and Audit (Amendment) Regulations 2022 No. 708 URL: http://www.bailii.org/uk/legis/num_reg/2022/uksi_2022708_en_1.html |
||
[New search] [Help]
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Statutory Instruments
Local Government, England And Wales
Made
28th June 2022
Laid before Parliament
30th June 2022
Coming into force
22nd July 2022
The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 32(1)(d) and 43(2) of the Local Audit and Accountability Act 2014( 1).
In accordance with section 32(3) of that Act he has consulted the Comptroller and Auditor General, such representatives of relevant authorities as he thinks appropriate and the recognised supervisory bodies.
1.—(1) These Regulations may be cited as the Accounts and Audit (Amendment) Regulations 2022 and come into force on 22nd July 2022.
(2) These Regulations extend to England and Wales.
2.—(1) The Accounts and Audit Regulations 2015( 2) are amended as follows.
(2) In regulation 10 (publication of statement of accounts, etc.)—
(a) in paragraph (1), for “paragraphs (4) and (4A)” substitute “paragraphs (4) to (4C)”;
(b) in paragraph (2), for “paragraphs (5) and (6)” substitute “paragraphs (5) to (6B)”;
(c) in paragraph (4A), for “the financial years beginning in 2020 and 2021” substitute “the financial year beginning in 2020”;
(d) after paragraph (4A) insert—
“(4B) Paragraph (1) applies in relation to the publication of documents relating to the financial year beginning in 2021 as if for “31st July” there were substituted “30th November” .
(4C) Paragraph (1) applies in relation to the publication of documents relating to the financial years beginning in 2022, 2023, 2024, 2025, 2026 and 2027 as if for “31st July” there were substituted “30th September” . ”;
(e) in paragraph (6), for “the financial years beginning in 2020 and 2021” substitute “the financial year beginning in 2020”;
(f) after paragraph (6) insert—
“(6A) Paragraph (2)(b) applies in relation to the audit of accounts relating to the financial year beginning in 2021 as if for “but not later than 31st July” there were substituted “but not later than 30th November” .
(6B) Paragraph (2)(b) applies in relation to audit of accounts relating to the financial years beginning in 2022, 2023, 2024, 2025, 2026 and 2027 as if for “but not later than 31st July” there were substituted “but not later than 30th September” . ”.
Signed by authority of the Secretary of State for Levelling Up, Housing and Communities
Eddie Hughes
Minister of State
Department for Levelling Up, Housing and Communities
28th June 2022
(This note is not part of the Regulations)
The Accounts and Audit Regulations 2015 (“ the 2015 Regulations”) set out detailed requirements on a relevant authority (defined in section 2(1) of the Local Audit and Accountability Act 2014), other than a health service body in relation to its annual audit and accounting processes.
Regulation 2 of this instrument amends regulation 10 of the 2015 Regulations. These amendments change the deadline for Category 1 Authorities (defined in regulation 2 of the 2015 Regulations) to publish their statement of accounts and supporting documents (together with any certificate or opinion of the local auditor) from 30th September to 30th November for the financial year beginning in 2021, and from 31st July to 30th September for the financial years beginning in 2022, 2023, 2024, 2025, 2026 and 2027.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, public or voluntary sectors is foreseen.
S.I. 2015/234; regulation 10 was amended by S.1. 2020/404and 2021/263.
