Regulation 14 Qualifications of auditor

For regulation 30 of the 1983 Regulations (qualifications of auditor) substitute—

“30

For the purposes of section 21 of the Act^f1 (audit of accounts), it is hereby prescribed that the description of the person qualified to audit the accounts and statements of a company under regulation 27 above (audit and auditors' report) shall be a person who is eligible for appointment as a company auditor under section 25 of the Companies Act 1989^f2, other than a person to whom section 34(1) of that Act applies.”