Yn ddilys o 06/04/2005
10A(1)The body must—
(a)participate in arrangements within paragraph 19(1), and
(b)have rules designed to ensure that members of the body who perform any company audit functions in respect of major audits take such steps as may be reasonably required of them to enable their performance of any such functions to be monitored by means of inspections carried out under the arrangements.
(2)Any monitoring of such persons under the arrangements is to be regarded (so far as their performance of company audit functions in respect of major audits is concerned) as monitoring of compliance with the body’s rules for the purposes of paragraph 10(1).
(3)In this paragraph “company audit function” and “major audit” have the same meaning as in paragraph 19.