Regulation 36 Auditing
As soon as practicable after a notice is given under regulation 35(1), the delivery body must obtain an audit of the calculations made by it in the allocation process (“a process audit”).
A process audit must—
be carried out by a person (“the auditor”) independent of the delivery body and who is qualified to perform an audit of the calculations made in the allocation process; and
include provision of a report to the delivery body (“an audit report”) which—
sets out whether or not the auditor considers that calculations have been made correctly and accurately; and
where applicable, identifies any calculations which the auditor considers were not correctly or accurately made and identifies the consequences of those calculations.
Where during an allocation process bids of strike prices are made—
the audit report must not include any information which would enable the identification of which bids were made by which applicant; and
the delivery body must provide details of those bids to—
the auditor; and
the Authority, where the Authority requests the details.
Subject to paragraph (5), where the delivery body is provided with an audit report it must make the report publicly available as soon as practicable after Part 6 applies to the allocation round.
The delivery body may exclude from publication any part of the audit report which the delivery body considers to contain commercially confidential information.
In this regulation, “audit of the calculations” means an audit of whether or not the calculations required by the allocation framework were—
applied correctly; and
made accurately.