[1253DA Transfer by Secretary of State]
[1253DA Transfer by Secretary of State]
Companies Act 2006 | Legislation

[(1)     The Secretary of State may transfer [audit working papers and investigation reports] to an approved third country competent authority if the following conditions are met (but see also section 1253DD).

(2)     The first condition is that the authority has made a request to the Secretary of State for the transfer of the [audit working papers and investigation reports].

(3)     The second condition is that the [audit working papers and investigation reports] relate to audits of companies that—

(a)     have issued securities in the third country in which the authority is established, or

(b)     form part of a group issuing statutory consolidated accounts in that third country.