Section 1241 | Meaning of “registered third country auditor” and “UK-traded third country company”

(1)In this Part—^F1

“registered third country auditor” means a third country auditor who is entered in the register kept in accordance with regulations under section 1239(1).

(2)In this Part “UK-traded third country company” means a body corporate—^F2F3

(a)which is incorporated or formed under the law of a third country ,^F4

(b)whose transferable securities are admitted to trading on a UK regulated market ..., and^F5F6

(c)which has not been excluded, or is not of a description of bodies corporate which has been excluded, from this definition by an order made by the Secretary of State.

(3)Repealed^F7

(4)An order under this section is subject to negative resolution procedure.