Leasehold Reform, Housing and Urban Development Act 1993 (c. 28)

SCHEDULES

Yn ddilys o 10/11/1993

SCHEDULE 18 U.K. FINANCES OF THE AGENCY

Commencement Information

I1 Sch. 18 wholly in force at 10.11.1993 see s. 188(2) and S.I 1993/2762, art. 3

Audit U.K.

10 (1) The Agency’s accounts and statements of accounts shall be audited by an auditor to be appointed annually by the Secretary of State. U.K.

(2) A person shall not be qualified for appointment under sub-paragraph (1) unless—

(a) he is eligible for appointment as a company auditor under Part II of the M1 Companies Act 1989 (eligibility for appointment as company auditor); and

(b) if the Agency were a body to which section 384 of the M2 Companies Act 1985 (duty to appoint auditors) applies, he would not be ineligible for appointment as company auditor of the Agency by virtue of section 27 of the Companies Act 1989 (ineligibility on ground of lack of independence).

Marginal Citations

M1 1989 c. 40.

M2 1985 c. 6.