Paragraph 18 Modification to Schedule 5 (eligibility and regulation of local auditors)

Schedule 5 applies in relation to a smaller authority as if for paragraph 4 there were substituted—

“4.

For section 1212 (individuals and firms: eligibility for appointment as a statutory auditor), substitute—

“Individuals and firms: eligibility for appointment as a local auditor of the accounts of a smaller authority

1212.

An individual or firm is eligible for appointment as a local auditor of the accounts of a smaller authority if the individual or firm—

(a)

is eligible for appointment as a local auditor under the Local Audit and Accountability Act 2014 as it has effect apart from its application by virtue of the Local Audit (Smaller Authorities) Regulations 2015; or

(b)

is eligible for appointment as a statutory auditor under Part 42 of this Act as it has effect apart from its application by virtue of the Local Audit and Accountability Act 2014.””.