SCHEDULES
SCHEDULE 3Further provision about access conditions
Part 1Provision that may be made by access conditions
Price controls etc.
I13
1
An access condition imposed on a person may include provision imposing on the person—
a
such price controls as OFCOM may direct in relation to matters connected with the giving of access (“access matters”),
b
rules made by OFCOM in relation to access matters about the identification of costs and cost orientation,
c
rules made by OFCOM for those purposes about the use of cost accounting systems,
d
obligations to have compliance with those systems audited annually by a qualified independent auditor, and
e
obligations to adjust prices in accordance with directions given by OFCOM.
2
An obligation within sub-paragraph (1)(d) may require the person to meet the costs of the audit.
3
In sub-paragraph (1)(d) “qualified independent auditor” means a person who—
a
is eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006, and
b
if the appointment were an appointment as a statutory auditor, would not be prohibited from acting by section 1214 of that Act (independence requirement).