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  1. Point in time
    2015-10-26

LR TR 13 Transitional Provisions for the UK Corporate Governance Code

2(1)

(2) Material to which the transitional provision applies

(3)

(4) Transitional provision

(5) Transitional provision: dates in force

(6) Handbook provision coming into force

1.

LR 9.8.6R(3)

R

In the case of an annual financial report of a listed company or a closed-ended investment fund incorporated in the United Kingdom for an accounting period ending between 31 May 2015 and 29 September 2015:(1) LR 9.8.6R(3) does not apply; and (2) its annual financial report must include a statement by the directors that the business is a going concern, together with supporting assumptions or qualifications as necessary, prepared in accordance with the Going Concern and Liquidity Risk: Guidance for Directors of UK Companies 2009, published by the Financial Reporting Council in October 2009.

From 23 October 2015 to 31 January 2016

23 October 2015

2.

LR 9.8.6R(5), LR 9.8.6R(6) and LR 15.6.6R(2)

R

In the case of an annual financial report of a listed company or a closed-ended investment fund incorporated in the United Kingdom for an accounting period ending between 31 May 2015 and 29 September 2015, a reference to a Main Principle, principle or provision in the UK Corporate Governance Code must be read as a reference to a Main Principle, principle or provision in the UK Corporate Governance Code published by the Financial Reporting Council in September 2012.

From 23 October 2015 to 31 January 2016

23 October 2015

3.

LR 9.8.10R

R

In the case of an annual financial report of a listed company or a closed-ended investment fund incorporated in the United Kingdom for an accounting period ending between 31 May 2015 and 29 September 2015: (1) LR 9.8.10R does not apply; and(2) the listed company or closed-ended investment fund must ensure that the auditors review the following before the annual report is published:(a) the statement by the directors in the annual financial report that the business is a going concern, together with supporting assumptions or qualifications as necessary, prepared in accordance with the Going Concern and Liquidity Risk: Guidance for Directors of UK Companies 2009, published by the Financial Reporting Council in October 2009; and(b) the parts of the statement required by LR 9.8.6R(6) (Comply or explain) that relate to C.1.1, C.2.1 and C.3.1 to C.3.7 of the UK Corporate Governance Code published by the Financial Reporting Council in September 2012.

From 23 October 2015 to 31 January 2016

23 October 2015