C1C2PART II PROVISION OF HOUSING ACCOMMODATION
Pt. II (ss. 8-57) restricted (19.8.1996) by 1996 c. 49, s. 9(4)(a); S.I. 1996/2127, art. 2, Sch. Pt. I
Restriction on service charges
51F1C3C4C5 Meaning of “qualified accountant”.
1
The reference to a “qualified accountant” in section 48(3) (certification of summary of information about relevant costs) is to a person who, in accordance with the following provisions, has the necessary qualification and is not disqualified from acting.
F22
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.
4
The following are disqualified from acting—
F3a
where the payee is a company, the payee or any associated company of the payee;
b
an officer or employee of the payee or, where the payee is a company, of an associated company;
c
a person who is a partner or employee of any such officer or employee.
5
For the purposes of F4subsection (4)(a) and (b). a company is associated with the payee company if it is (within the meaning of section 736 of the Companies Act 1985) the payee’s holding company or subsidiary or is a subsidiary of the payee’s holding company.
6
Where the payee is a local authority, a new town corporation or the Development Board for Rural Wales—
a
the persons who have the necessary qualification include members of the Chartered Institute of Public Finance and Accountancy, and
b
subsection (4)(b) (disqualification of officers and employees) does not apply.
Pt. II (ss. 8–57): power to apply certain functions conferred by Housing Act 1988 (c. 50, SIF 61), s. 65(2)(a)(4)