This Order brings into operation on 29th March 1993 the remaining provisions of Part III of the Companies (Northern Ireland) Order 1990 (“the 1990 Order”), concerning eligibility for appointment as company auditor, except those provisions conferring power on the Department of Economic Development to transfer its functions under the Part to a body established by order under Article 48 of the 1990 Order and certain related provisions. Article 397 of the Companies (Northern Ireland) Order 1986 concerning qualifications for appointment as auditor is repealed with effect from 29th March 1993.
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