Paragraph 7 F1
For section 91 (meaning of “qualified auditor”) substitute—
“Meaning of “qualified auditor”
91References in this Part to a qualified auditor, in relation to a society, are to a person who—
(a)is eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006, and
(b)is not prohibited from acting as statutory auditor of the society by virtue of section 1214 of that Act (independence requirement).”.
Annotations
Textual amendments
- F1
Sch. 1 substituted (with effect in accordance with reg. 2(4) of the amending S.I.) by The Statutory Auditors Regulations 2017 (S.I. 2017/1164), reg. 1(2)(3), Sch. 2 para. 15 (with reg. 2(6)(7))