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Paragraph 22 Modification to Schedule 5 (eligibility and regulation of local auditors)

Original text. Later amendments are not shown.

Paragraph 7 of Schedule 5 applies in relation to an opted in authority as if the text of that paragraph were sub-paragraph (3) and as if—

(a)

before that sub-paragraph there were inserted—

“(1)

Section 1216 (effect of appointment of partnership) is amended as follows.

(2)

In subsection (5) for “relevant authority” both times it occurs substitute “specified person”.”;

(b)

in that sub-paragraph for “In section 1216 (effect of appointment of partnership) after” there were substituted “After”; and

(c)

after sub-paragraph (3) there were inserted—

“(4)

In subsection (6)—

(a)

in paragraph (a) for “statutory auditor” substitute “local auditor of a smaller authority” and

(b)

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