C4C5 PART II PROVISION OF HOUSING ACCOMMODATION

Annotations:
Modifications etc. (not altering text)
C4

Pt. II (ss. 8–57): power to apply certain functions conferred by Housing Act 1988 (c. 50, SIF 61), s. 65(2)(a)(4)

C5

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

F1C1C2C351 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 F3statutory auditor under Part 42 of the Companies Act 2006.

4

The following are disqualified from acting—

F4a

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 F5subsection (4)(a) and (b). a company is associated with the payee company if it is (within the meaning of F6section 1159 of the Companies Act 2006) 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 F7or a F8development corporation—

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.