(1)Where by virtue of an existing local provision any function of appointing or revoking the appointment of the auditor of a relevant harbour authority or determining the amount of the remuneration or expenses payable to such an auditor is exercisable by a Minister of the Crown, it shall be exercisable instead by the authority itself; and any requirement that the consent or approval of such a Minister be given with respect to the exercise of such a function shall cease to have effect.
(2)Notwithstanding anything to the contrary in any such provision, a person [F1shall not be appointed as auditor of a relevant harbour authority unless he is eligible for appointment as a [F2statutory auditor under Part 42 of the Companies Act 2006].]
Textual Amendments
F1Words in s. 4(2) substituted (1.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 54 (with reg. 4).
F2Words in s. 4(2) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), art. 2(2), Sch. 1 para. 1(ee) (with arts. 6, 11, 12)