{
  "url": "https://openlegislation.uk/open-ended-investment-companies-regulations-2001/schedule-5/paragraph-11",
  "json_url": "https://openlegislation.uk/open-ended-investment-companies-regulations-2001/schedule-5/paragraph-11.json",
  "legislation": "uksi/2001/1228",
  "legislation_title": "The Open-Ended Investment Companies Regulations 2001",
  "legislation_url": "https://openlegislation.uk/open-ended-investment-companies-regulations-2001",
  "path": "schedule/5/paragraph/11",
  "kind": "paragraph",
  "number": "11",
  "heading": null,
  "text": "(1) Subject to sub-paragraph (2), the power of the Secretary of State to make regulations under section 494 of the Companies Act 2006 (remuneration of auditors or their associates for non-audit work) in relation to company auditors is to be exercisable in relation to auditors of open-ended investment companies—\n(a) for like purposes; and\n(b) subject to the same conditions.\n(2) For the purposes of the exercise of the power to make regulations under section 494 of the Companies Act 2006, as extended by sub-paragraph (1), the reference in section 494(4) to a note to a company’s accounts is to be taken to be a reference to the annual report of an open-ended investment company.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 5 para. 11(1) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), art. 2(2), Sch. 1 para. 222(a) (with arts. 6, 11, 12)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 5 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. 222(b)(i) (with arts. 6, 11, 12)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 5 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. 222(b)(ii) (with arts. 6, 11, 12)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/1228/schedule/5/paragraph/11",
    "retrieved_at": "2026-10-29T07:52:42.307916+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}