Paragraph 3

England and Wales

(1)

The association shall in each period of account appoint a qualified auditor to audit the accounts prepared in accordance with paragraph 2.

F1(2)

A person is qualified for the purposes of this paragraph if he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989.

(3)

But none of the following shall be appointed—

(a)

a trustee, officer or employee of the association or of an associated body,

(b)

a person who is a partner of, or in the employment of, or who employs a person within paragraph (a), or

(c)

a body corporate;

and a body of persons (whether corporate or unincorporate and whether or not itself a charity) is for this purpose an associated body if it is essentially under the same management F2. . .

(4)

A Scottish firm is qualified for appointment as auditor, notwithstanding sub-paragraph (3)(c), if each of the partners in it is qualified for appointment.

Annotations

Textual amendments

F1: Sch. 3 para. 3(2) substituted (01.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 59(3)(a) (with reg. 4)
F2: Words in Sch. 3 para. 3(3) repealed (01.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 59(3)(b) (with reg. 4)

Notes on Schedule 3

Textual amendments

F1: Sch. 3 repealed (E.W.) (1.10.1996) by 1996 c. 52, s. 227, Sch. 19 Pt. I; S.I. 1996/2402, art. 3 (with transitional provisions and savings in Sch.); and repealed (S.) (1.10.1996) by virtue of S.I. 1996/2325, art. 4(1), Sch. 1 Pt. II (with art. 4(2)(3))