The Companies (Disclosure of Information) (Designated Authorities) (No. 2) Order 2002

• Citation: S.I. 2002/1889
• Sections: 3

Section 1 Title, commencement and interpretation

(1) This Order may be cited as the Companies (Disclosure of Information) (Designated Authorities) (No. 2) Order 2002 and shall come into force on 14th August 2002.

(2) In this Order—

“the 1985 Act ” means the Companies Act 1985; and

“the 1989 Act ” means the Companies Act 1989.

Section 2 Designation of the Comptroller and Auditor General for the purposes of section 449(1B) of the 1985 Act; and restriction on disclosure under that section

(1) The Comptroller and Auditor General is designated for the purposes of section 449(1B) of the 1985 Act in relation to his functions under Part 2 of the National Audit Act 1983 .

(2) But section 449(1B) permits publication or disclosure by virtue of this designation only where the publication or disclosure is made by the National Lottery Commission to the National Audit Office for the purpose of enabling or assisting the Comptroller and Auditor General to carry out an examination into the economy, efficiency and effectiveness with which the National Lottery Commission has used its resources in discharging its functions under sections 5 to 10 of the National Lottery etc. Act 1993 .

Section 3 Addition of the Comptroller and Auditor General to the Table in section 87(4) of the 1989 Act; and restriction on disclosure under section 87(1)(b)

(1) The Table in section 87(4) of the 1989 Act is amended as follows.

(2) After the entry relating to the National Lottery Commission insert the following—

(3) At the end of the Table add the following—

Note: Article 3(4) of the Companies (Disclosure of Information) (Designated Authorities) (No. 2) Order 2002 restricts the circumstances in which disclosure for the purpose of enabling or assisting the Comptroller and Auditor General to discharge his relevant functions is permitted.

(4) Disclosure under section 87(1)(b) of the 1989 Act is permitted by virtue of the amendment made by paragraph (2) only where the disclosure is made by the National Lottery Commission to the National Audit Office for the purpose of enabling or assisting the Comptroller and Auditor General to carry out an examination into the economy, efficiency and effectiveness with which the National Lottery Commission has used its resources in discharging its functions under sections 5 to 10 of the National Lottery etc. Act 1993.