Paragraph 19 Modification to Schedule 5 (eligibility and regulation of local auditors)

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

“4A.

In section 1213 (effect of ineligibility)—

(a)

in subsection (1)—

(i)

for “statutory auditor of an audited person” substitute “local auditor of a smaller authority”; and

(ii)

at the end, for “statutory auditor “ substitute “local auditor of a smaller authority”;

(b)

in subsection (2)—

(i)

for “statutory auditor” both times it occurs, substitute “local auditor of a smaller authority”;

(ii)

at the end of paragraph (a), omit “and”;

(iii)

in paragraph (b), for “audited person” substitute “smaller authority”;

(iv)

at the end of paragraph (b), insert “and”; and

(v)

after paragraph (b), insert—

“(c)

where the local auditor was appointed by a specified person, also give the notice in paragraph (b) to the specified person.”; and

(c)

in subsection (8) for “statutory auditor” substitute “local auditor of a smaller authority”.”.