Article 12 Disciplinary measures: auditors of unit trust schemes

(1)

Paragraph (2) applies if a failure for the purposes of section 249^f1 (disciplinary measures) of an auditor to comply with a duty imposed on the auditor by trust scheme rules occurred (and ceased to occur) before the commencement date.

(2)

Section 249(1) applies as if sub-paragraphs (b) and (c) were omitted.

Annotations

Footnotes

f1: Section 249 is amended by the 2012 Act, Schedule 18, Part 1, paragraphs 9 and 10.