SCHEDULES

SCHEDULE 8E+W Housing Action Trusts: Finance Etc.

Part IIIE+W General Accounts Etc.

AuditE+W

11(1)The trust’s accounts and statements of accounts shall be audited by an auditor to be appointed annually by the Secretary of State in relation to the trust.

[F1(2)A person shall not be appointed under sub-paragraph (1) above unless he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989.]

(3)A person shall not be qualified for appointment under sub-paragraph (1) above if the person is—

(a)a member, officer or servant of the trust,

(b)a partner of, or employed by, a member, officer or servant of the trust, F2 . . .

F2(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F2Words in Sch. 8 para. 11(3) omitted by virtue of S.I. 1991/1997, reg. 2, Sch. para. 71(b) (with reg. 4)