The Companies Act 1989 (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations 1991

Insurance Brokers (Registration) Act 1977(1)

30.  –

(1) The Insurance Brokers (Registration) Act 1977 shall be amended as follows.

(2) In section 11 (requirements for carrying on business)–

(a) in subsection (4), delete the reference to subsection 6 and for the words from “if he is a member” to the words “Companies Act 1985” substitute the words “if he is eligible for appointments as a company auditor under section 25 of the Companies Act 1989”;

(b) In subsection (5), for paragraph (b) substitute

“(b) in relation to an enrolled body corporate, if he is not eligible for appointment as auditor of the enrolled body corporate by virtue of section 27 of the Companies Act 1989.”; and

(c) omit subsection (6).

(3) In section 25 (Accounts of Council), for subsection (2) substitute–

“(2) The Council shall appoint an auditor to the Council who shall be a person eligible for appointment as a company auditor under section 25 of the Companies Act 1989.”.

(4) In subsection (1) of section 29 (interpretation) omit the definition of “recognised body of accountants”.

(1)

1977 c. 46. Sections 11(4) and 29 of the Insurance Brokers (Registration Act) 1977 have been amended by section 30 of and Schedule 2 to the Companies Consolidation (Consequential Provisions) Act 1985. That amendment is superseded by these Regulations.