Notice is hereby given, pursuant to section 24 of the Financial Reporting Act 2013, that the New Zealand Auditing and Assurance Standards Board of the External Reporting Board has issued Amendments to Professional and Ethical Standard 1 (Revised) Responding to Non-Compliance with Laws and Regulations.

Amendments to Professional and Ethical Standard 1 (Revised) Responding to Non-Compliance with Laws and Regulations:

• is effective as of 15 July 2017; and
• is a disallowable instrument for the purposes of the Legislation Act 2012.

Copies of the standard may be inspected free of charge at the offices of the External Reporting Board (XRB), Level 7, 50 Manners Street, Wellington.

Copies are also available on the XRB’s website

www.xrb.govt.nz

Dated this 25th day of August 2016.

ROBERT BUCHANAN, Chairman, New Zealand Auditing and Assurance Standards Board.