PART IIIBUILDING SOCIETIES

Communication by auditor etc. with Commission8

1

In subsection (8) of section 82 of the Building Societies Act (auditor’s duties to Commission), for the words “The auditors of a building society” there shall be substituted the words

The following, namely—

a

the auditors of a building society;

b

an accountant appointed by a building society to make a report under section 52(5)(d) above; and

c

i

they are also the auditors of the society; or

ii

one of them is an accountant appointed by the society to make a report under section 52(5)(d) above,

2

In subsection (9) of that section—

a

for the words “the auditors of building societies” there shall be substituted the words “such persons” as are mentioned in paragraph (a), (b) or (c) of subsection (8) above; and

b

for the words “any auditor” there shall be substituted the words “any such person”.