Paragraph 21 Modification to Schedule 5 (eligibility and regulation of local auditors)

Paragraph 6 of Schedule 5 applies in relation to a smaller authority as if the text of that paragraph were sub-paragraph (2) and before that paragraph there were inserted—

“(1)

In section 1215 (effect of lack of independence) in subsection (1)—

(a)

for “statutory auditor” substitute “local auditor of a smaller authority”;

(b)

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

(c)

in paragraph (b)—

(i)

for “audited person” substitute “smaller authority”;

(ii)

at the end insert “and”; and

(d)

after paragraph (b) insert—

“(c)

where the local auditor of a smaller authority was appointed by a specified person also give the notice in paragraph (b) to the specified person.””.