# The Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008, Paragraph 7


For section 41 (qualified auditors) substitute—
“Qualified auditors
41 References in this Act 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).”.

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Source: https://www.legislation.gov.uk/uksi/2008/565/schedule/2/paragraph/7 (the official version)
Page: https://openlegislation.uk/insurance-accounts-directive-miscellaneous-insurance-undertakings-regulations-2008/schedule-2/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.