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58. In section 51 of the Housing Act 1985 (meaning of “qualified accountant”)–
(a)For subsections (2) and (3) substitute–
“(2) a person has the necessary qualification only if he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989.”.
(b)In subsection (4), for paragraph (a) substitue–
“(a)where the payee is a company, the payee or any associated company of the payee;” and
(c)In subsection (5), for the words “subsection (4)(b)” substitute “subsection (4)(a) and (b).”.
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