SCHEDULES
SCHEDULE 13

Auditors and actuaries
6
1
Section 344 (duty of auditor or actuary resigning to give notice) is amended as follows.
2
In each place for “Authority” substitute “appropriate regulator”.
3
In subsection (2)(a), after “authorised person” insert “or recognised investment exchange”.
4
In subsection (3)(a), for “Authority's” substitute “regulator's”.
5
After subsection (3) insert—
4
In this section “the appropriate regulator” means—
a
in the case of an auditor of, or an actuary acting for, a PRA-authorised person, the PRA;
b
in any other case, the FCA.