Regulation 12 Special provisions for company auditors in Northern Ireland
This regulation applies to Northern Ireland only.
In this regulation—
“the Order” means the Companies (Northern Ireland) Order 1990;
“company auditor” has the meaning given in Article 27(2) of the Order;
“qualifying body” means a body offering a qualification in respect of which there isfor the time being in force an order made by the Department of EconomicDevelopment pursuant to paragraph 2 of Schedule 12 to the Order;
“supervisory body” means a body in respect of which there is for the time being inforce an order made by the Department of Economic Development pursuantto paragraph 2 of Schedule 11 to the Order.
Any qualifying body in Northern Ireland is a designated authorityfor the regulated profession of company auditor and may accordinglyauthorise a migrant as qualified to practise that profession.
A migrant so authorised shall be eligible for appointment as acompany auditor only if he satisfies the conditions for eligibility laiddown in Part III of the Order.
Notwithstanding anything in Part II of Schedule 11 to the Order, inthe case of a migrant who has been granted authorisation to practise bya qualifying body pursuant to these Regulations and who has satisfiedany requirements imposed by that body under regulation 6, a supervisorybody may not exclude the migrant from membership, or otherwise limit hiseligibility for appointment, on any ground related to his previouseducation and training or to the length of his previous professionalexperience or practice.
Regulation 9 shall apply to supervisory bodies in Northern Irelandas it applies to designated authorities.
References, in Part III of the Order, to individuals holding anappropriate qualification are to be construed as including individualswho have been authorised to practise by a qualifying body pursuant tothese Regulations and who have fulfilled any requirements imposedpursuant to regulation 6.