Article 4: Amendments to Regulation (EU) No 537/2014
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Article text
Regulation (EU) No 537/2014 is amended as follows:
(1)
in Article 4(2), the second subparagraph is replaced by the following:
‘For the purposes of the limits specified in the first subparagraph of this paragraph, the assurance of sustainability reporting, and non-audit services other than those referred to in Article 5(1), required by Union or national legislation, shall be excluded.’;
(2)
Article 5 is amended as follows:
(a)
in paragraph 1, second subparagraph, point (c) is replaced by the following:
‘(c)
bookkeeping and preparing accounting records and financial statements as well as preparing sustainability reporting;’;
(b)
in paragraph 4, the following subparagraph is inserted after the first subparagraph:
‘The approval of the audit committee referred to in the first subparagraph shall not be needed for the provision of assurance of sustainability reporting.’.
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