AuditE+W
11(1)The trust’s accounts and statements of accounts shall be audited by an auditor to be appointed annually by the Secretary of State in relation to the trust.E+W
[F1(2)A person shall not be appointed under sub-paragraph (1) above unless he is eligible for appointment as a [F2statutory 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 trust,
(b)a partner of, or employed by, a member, officer or servant of the trust, F3 . . .
F3(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Sch. 8 para. 11(2) substituted by S.I. 1991/1997, reg. 2, Sch. para. 71(a) (with reg. 4)
F2Words in Sch. 8 para. 11(2) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), arts. 2(2), 3(1), Sch. 1 para. 1(ll) (with arts. 6, 11, 12)
F3Words in Sch. 8 para. 11(3) omitted by virtue of S.I. 1991/1997, reg. 2, Sch. para. 71(b) (with reg. 4)