55.—(1) Schedule 11(1) (auditors) is amended as follows.U.K.
(2) In paragraph 3(1)—
(a)for “Authority”, in each place, substitute “appropriate authority”; and
(b)for “give it notice” substitute “give notice to the FCA and, if the society is a PRA-authorised person, to the PRA”.
(3) In paragraph 4(6)(b), (8) and (9), for “Authority”, in each place, substitute “appropriate authority”.
(4) In paragraph 6(2), for “Authority” substitute “FCA and, if the society is a PRA-authorised person, the PRA”.
(5) For paragraph 6A(2)(b), substitute—
“(b)the FCA; and
(c)if the society is a PRA-authorised person, the PRA.”.
(6) In paragraph 7, for “Authority”—
(a)in sub-paragraph (3)(a), substitute “FCA and, if the society is a PRA-authorised person, the PRA”; and
(b)in sub-paragraphs (4), (6) and (7), in each place, substitute “appropriate authority”.
(7) In paragraph 8(6)(b), for “Authority”, in each place, substitute “PRA”.
Commencement Information
I1Sch. 8 para. 55 in force at 1.4.2013, see art. 1(1)
Schedule 11 was amended by S.I. 2001/2617, S.I. 2003/404 and S.I. 2008/1519.