16E+WThe Airports Act 1986 is amended as follows.
Commencement Information
I1Sch. 12 para. 16 in force at 1.4.2015 by S.I. 2015/841, art. 3(x)
17(1)Section 22 (other local authority capital controls in England and Wales) is amended as follows.E+W
(2)For subsection (5) substitute—
“(5)In a case where the controlling authority of a public airport company are—
(a)a county council or county borough council in Wales, or
(b)a composite authority of which both or all the constituent councils are county councils or county borough councils in Wales,
it shall be the duty of the controlling authority to exercise their control over the public airport company so as to ensure that the company appoints as auditors of the company only persons who, in addition to meeting the requirements of Part 42 of the Companies Act 2006 (statutory auditors), are approved for appointment as such auditors by the Auditor General for Wales.
(5A)In any other case, it shall be the duty of the controlling authority of a public airport company to exercise their control over the company so as to ensure that the company appoints as auditors of the company only persons who meet the requirements of Part 42 of the Companies Act 2006 (statutory auditors).”
(3)In subsection (6), after “(5)” insert “ or (as the case may be) (5A) ”.
Commencement Information
I2Sch. 12 para. 17 in force at 1.4.2015 by S.I. 2015/841, art. 3(x) (with Sch. para. 1) (as amended (27.6.2016) by S.I. 2016/675, art. 2)
18E+WIn section 24(3)(a) (provision of services by principal council for public airport companies: requirement for separate account)—
(a)for “section 14 of the Audit Commission Act 1998 (rights of inspection)” substitute “ section 25 of the Local Audit and Accountability Act 2014 (inspection of statements of accounts etc) ”, and
(b)for “regulations under section 27” substitute “ section 3(3) ”.
Commencement Information
I3Sch. 12 para. 18 in force at 1.4.2015 by S.I. 2015/841, art. 3(x)