{
  "url": "https://openlegislation.uk/auditors-financial-services-act-1986-rules-1994/article-2",
  "json_url": "https://openlegislation.uk/auditors-financial-services-act-1986-rules-1994/article-2.json",
  "legislation": "uksi/1994/526",
  "legislation_title": "The Auditors (Financial Services Act 1986) Rules 1994",
  "legislation_url": "https://openlegislation.uk/auditors-financial-services-act-1986-rules-1994",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Rules—\n“the Act” means the Financial Services Act 1986;\n“auditor” means an auditor of an authorised person;\n“disciplinary action” means action of a kind mentioned in section 47A(4)(a) to (d) of the Act, any similar action which a recognised self-regulating organisation or recognised professional body has power to take and, in the case of a recognised self-regulating organisation or recognised professional body, any power to impose a financial penalty;\n“matter” means any matter to which section 109 of the Act applies;\n“powers of intervention” means the powers conferred by Chapter VI of Part I of the Act and any similar powers exercisable by a recognised self-regulating organisation or a recognised professional body; and\n“the relevant regulator” means the person, organisation or body to which an auditor must communicate a matter by virtue of section 109 of the Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 47A of the Financial Services Act 1986 was inserted by section 192 of the Companies Act 1989 (c. 40)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/526/article/2",
    "retrieved_at": "2026-10-29T13:39:56.468554+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}