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21. –
(1) The Transport Act 1968 shall be amended as follows.
(2) In section 14 (accounts of executive), in subsection (2) for the words from “who is a member” to “Board of Trade;” substitute “who is eligible for appointment as a company auditor under section 25 of the Companies Act 1989 or who is a member of the Chartered Institute of Public Finance and Accountancy;”.
(3) In section 41 (financial provisions as to Boards and new Authorities), omit subsection 9.
(4) In Schedule 15 (Channel Tunnel Planning Council), for paragraph 12(2) substitute–
(2) A person shall not be appointed auditor as aforesaid unless he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989.
1968 c. 73. Section 14(2) of the Transport Act 1968 has been amended by section 30 of and Schedule 2 to the Companies Consolidation (Consequential Provisions) Act 1985. That amendment is superseded by these Regulations.
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