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SCHEDULE 1U.K.AMENDMENTS COMING INTO FORCE ON 6TH APRIL 2008

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

Building Societies Act 1986 (c.53)U.K.

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..