Paragraph 11

England, Wales and Scotland

(1)

F1The accounts and statements of accounts of a corporation to which paragraph F210B does not apply shall be audited by an auditor to be appointed annually by the Secretary of State in relation to the corporation.

F3(2)

A person shall not be appointed under sub-paragraph (1) unless he is eligible for appointment as a F4statutory auditor under Part 42 of the Companies Act 2006.

(3)

A person shall not be qualified for appointment under sub-paragraph (1) above if the person is—

(a)

a member, officer or servant of the corporation, F5; or

(b)

a partner of, or employed by, a member, officer or servant of the corporation, or

F6(c)

a body corporate of which a member, officer or servant of the corporation is a director or officer.

Annotations

Textual amendments

F1: Words in Sch. 31 para. 11(1) substituted (23.3.2005) by The Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2005 (S.I. 2005/913), arts. 1, 2(4)
F2: Word in Sch. 31 para. 11(1) substituted (21.12.2017) by The Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2017 (S.I. 2017/1313), art. 1, Sch. 1 para. 2(c)
F3: Sch. 31, para. 11(2) substituted (1.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 37(a) (with reg. 4)
F4: Words in Sch. 31 para. 11(2) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), art. 2(2), Sch. 1 para. 1(v) (with arts. 6, 11, 12)
F5: Word in Sch. 31, para. 11(3)(a) added (1.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 37(b)(i) (with reg. 4)
F6: Sch. 31, para. 11(3)(c) substituted (1.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 37(b)(ii) (with reg. 4)