Financial Services and Markets Act 2000

344 Duty of auditor or actuary resigning etc. to give notice.U.K.

This section has no associated Explanatory Notes

(1)This section applies to an auditor or actuary to whom section 342 applies.

(2)He must without delay notify the Authority if he—

(a)is removed from office by an authorised person;

(b)resigns before the expiry of his term of office with such a person; or

(c)is not re-appointed by such a person.

(3)If he ceases to be an auditor of, or actuary acting for, such a person, he must without delay notify the Authority—

(a)of any matter connected with his so ceasing which he thinks ought to be drawn to the Authority’s attention; or

(b)that there is no such matter.