SCHEDULE 1AMENDMENTS COMING INTO FORCE ON 6TH APRIL 2008

PART 1AMENDMENTS ABOUT ELIGIBILITY FOR APPOINTMENT AS AUDITOR AND RELATED MATTERS

Building Societies Act 1986 (c.53)13

1

Section 77 of the Building Societies Act 1986 (auditors) is amended as follows.

2

In the heading, omit “, qualifications”.

3

For subsection (2) substitute—

2

Schedule 11 to this Act has effect as regards the appointment, resignation and removal of auditors.

4

After that subsection insert—

3

Appointment as auditor of a building society is an appointment as a statutory auditor to which the provisions of Part 42 of the Companies Act 2006 apply.