# The Open-Ended Investment Companies Regulations 2001, Paragraph 11

Extent: E+W+S+N.I.

(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—
(a) for like purposes; and
(b) subject to the same conditions.
(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.

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Source: https://www.legislation.gov.uk/uksi/2001/1228/schedule/5/paragraph/11 (the official version)
Page: https://openlegislation.uk/open-ended-investment-companies-regulations-2001/schedule-5/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.