SCHEDULES
SCHEDULE 10Recognised supervisory bodies
Part 2Requirements for recognition of a supervisory body
Technical standards
10
1
The body must have rules and practices as to—
a
the technical standards to be applied in statutory audit work, and
b
the manner in which those standards are to be applied in practice.
2
The body must participate in arrangements within paragraph 22, and the rules and practices mentioned in sub-paragraph (1) must include provision requiring compliance with any standards for the time being determined under such arrangements.