sec.188Auditing accounts for first annual general meeting after effective day

sec.188 Auditing accounts for first annual general meeting after effective day

This section applies if— before the effective day— a principal body corporate authorised a person to prepare a statement of accounts under section 151(1)(f) for adoption at the body corporate’s annual general meeting; and the person started to prepare the statement of accounts; and the annual general meeting has not happened. Section 168I does not apply for auditing the statement of accounts for the period to which the authorisation relates. s 188 ins 2009 No. 26 s 46 (sec.188-ssec.1) This section applies if— before the effective day— a principal body corporate authorised a person to prepare a statement of accounts under section 151(1)(f) for adoption at the body corporate’s annual general meeting; and the person started to prepare the statement of accounts; and the annual general meeting has not happened. (sec.188-ssec.2) Section 168I does not apply for auditing the statement of accounts for the period to which the authorisation relates.

• (a) before the effective day— (i) a principal body corporate authorised a person to prepare a statement of accounts under section 151(1)(f) for adoption at the body corporate’s annual general meeting; and (ii) the person started to prepare the statement of accounts; and
• (i) a principal body corporate authorised a person to prepare a statement of accounts under section 151(1)(f) for adoption at the body corporate’s annual general meeting; and
• (ii) the person started to prepare the statement of accounts; and
• (b) the annual general meeting has not happened.
• (i) a principal body corporate authorised a person to prepare a statement of accounts under section 151(1)(f) for adoption at the body corporate’s annual general meeting; and
• (ii) the person started to prepare the statement of accounts; and