Development of Inventions Act 1967(1)
17. In section 12 of the Development of Inventions Act 1967 (accounts and audit) for subsection (3) substitute–
“(3) No person shall be so appointed unless he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989.”.
(1)
1967 c. 32. Section 12(3) of the Development of Inventions Act 1967 has been amended by section 30 of and Schedule 2 to the Companies Consolidation (Consequential Provisions) Act 1985. That amendment is superseded by these Regulations.