Legal provisions of COM(2006)903 - Amendment of Directive 2006/43/EC on statutory audit of annual accounts and consolidated accounts, as regards the implementing powers conferred on the Commission - Main contents
Please note
This page contains a limited version of this dossier in the EU Monitor.
dossier | COM(2006)903 - Amendment of Directive 2006/43/EC on statutory audit of annual accounts and consolidated accounts, as regards the ... |
---|---|
document | COM(2006)903 ![]() |
date | March 11, 2008 |
Article 1 - Amendments
1. | Article 8(3) shall be amended as follows:
|
2. | Article 21(2) shall be amended as follows:
|
3. | Article 22(4) shall be amended as follows:
|
4. | Article 26 shall be amended as follows:
|
5. | Article 28(2) shall be amended as follows:
|
6. | Article 29(2) shall be amended as follows:
|
7. | Article 36(7) shall be amended as follows:
|
8. | Article 45(6) shall be replaced by the following: ‘6. In order to ensure uniform application of paragraph 5(d), the equivalence referred to therein shall be assessed by the Commission in cooperation with Member States and shall be decided upon by the Commission in accordance with the regulatory procedure referred to in Article 48(2). Member States may assess the equivalence referred to in paragraph 5(d) of this Article as long as the Commission has not taken such a decision. In this context, the Commission may adopt measures aimed at establishing general equivalence criteria in accordance with the requirements laid down in Articles 22, 24, 25 and 26 which are applicable to all third countries and which shall be used by Member States when assessing equivalence at national level. The criteria may not exceed the requirements laid down in Articles 22, 24, 25 and 26. Those measures, designed to amend non-essential elements of this Directive by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 48(2a).’; |
9. | Article 46(2) shall be replaced by the following: ‘2. In order to ensure uniform application of paragraph 1, the equivalence referred to therein shall be assessed by the Commission in cooperation with Member States and shall be decided upon by the Commission in accordance with the regulatory procedure referred to in Article 48(2). Member States may assess the equivalence referred to in paragraph 1 of this Article or rely on the assessments carried out by other Member States as long as the Commission has not taken such a decision. If the Commission decides that the requirement of equivalence referred to in paragraph 1 of this Article is not complied with, it may allow the auditors and audit entities concerned to continue their audit activities in accordance with the requirements of the relevant Member State during an appropriate transitional period. In this context, the Commission may adopt measures aimed at establishing general equivalence criteria in accordance with the requirements laid down in Articles 29, 30 and 32 which are applicable to all third countries and which shall be used by Member States when assessing equivalence at national level. The criteria may not exceed the requirements laid down in Articles 29, 30 and 32. Those measures, designed to amend non essential elements of this Directive by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 48(2a).’; |
10. | Article 47 shall be amended as follows:
|
11. | Article 48 shall be amended as follows:
|