In this Part—
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"registered third country auditor" means a third country auditor who is entered in the register kept in accordance with regulations under section 1239(1).
In this Part "UK-traded third country company" means a body corporate—
which is incorporated or formed under the law of a third country ,
whose transferable securities are admitted to trading on a UK regulated market ..., and
which has not been excluded, or is not of a description of bodies corporate which has been excluded, from this definition by an order made by the Secretary of State.
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An order under this section is subject to negative resolution procedure.