Modifications etc. (not altering text)
C1Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)
(1)This section applies where, in accordance with section 129, a [F2registered provider] appoints a reporting accountant to prepare a report in respect of its accounts for any year.
(2)The regulator may require the [F3registered provider] to—
(a)cause a qualified auditor to audit its accounts and balance sheet for that year, and
(b)send a copy of the report to the regulator by a specified date.
(3)A requirement may not be imposed before the end of the financial year to which it relates.
(4)“Qualified auditor”, in relation to a [F4registered provider], means a person who—
(a)is eligible for appointment as a statutory auditor of the [F4registered provider] under Part 42 of the Companies Act 2006 (c. 46) (statutory auditors), and
(b)is not prohibited from acting as statutory auditor of the [F4registered provider] by virtue of section 1214 of that Act (independence requirement).
Textual Amendments
F1Words in s. 133 heading inserted (1.4.2024) by Social Housing (Regulation) Act 2023 (c. 36), s. 46(3), Sch. 1 para. 16(a); S.I. 2024/437, reg. 2(w)(iii)
F2Words in s. 133(1) substituted (1.4.2024) by Social Housing (Regulation) Act 2023 (c. 36), s. 46(3), Sch. 1 para. 16(b); S.I. 2024/437, reg. 2(w)(iii)
F3Words in s. 133(2) substituted (1.4.2024) by Social Housing (Regulation) Act 2023 (c. 36), s. 46(3), Sch. 1 para. 16(b); S.I. 2024/437, reg. 2(w)(iii)
F4Words in s. 133(4) substituted (1.4.2024) by Social Housing (Regulation) Act 2023 (c. 36), s. 46(3), Sch. 1 para. 16(b); S.I. 2024/437, reg. 2(w)(iii)
Commencement Information
I1S. 133 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)