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(1) Section 16 of the Companies (Audit, Investigations and Community Enterprise) Act 2004 (c. 27) (grants to bodies concerned with accounting standards etc) is amended as follows. (2) In subsection (2)— (a) in paragraph (f) for “paragraph 17” to the end substitute “ paragraph 21, 22, 23(1) or 24(1) of Schedule 10 to the Companies Act 2006; ” , (b) in paragraph (g) for “Part 2 of that Act” substitute “ Part 42 of that Act ” . (3) In subsection (5), in the definition of “professional accountancy body”— (a) in paragraph (a) for “Part 2 of the Companies Act 1989 (c. 40)” substitute “ Part 42 of the Companies Act 2006 ” , and (b) in paragraph (b) for “section 32” substitute “ section 1220 ” .