SCHEDULE 1AMENDMENTS COMING INTO FORCE ON 6TH APRIL 2008

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

Estate Agents Act 1979 (c.38)8

1

Section 14 of the Estate Agents Act 1979 M1 (keeping of client accounts) is amended as follows.

2

In subsection (6), for paragraphs (a) and (b) substitute “ eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.

3

In subsection (7), for “ineligible for appointment as auditor to the company by virtue of Part II of the Companies Act 1989 or Part III of the Companies (Northern Ireland) Order 1990” substitute “ prohibited from acting as statutory auditor of the company by virtue of section 1214 of the Companies Act 2006 (independence requirement) ”.