C1C2C3C4Part II Eligibility for Appointment as Company Auditor
Pt. 2 (ss. 24-54) applied (31.12.2004) by The Insurance Accounts Directive (Lloyd's Syndicate and Aggregate Accounts) Regulations 2004 (S.I. 2004/3219), reg. 14(1)
Pt. II (ss. 24-54) extended (9.2.2005) by The European Communities (Recognition of Professional Qualifications) (First General System) Regulations 2005 (S.I. 2005/18), reg. 11(6) (with reg. 3)
Pt. 2 (ss. 24-54): functions of the Secretary of State transferred to the designated body (E.W.S) (5.9.2005) by The Companies Act 1989 (Delegation) Order 2005 (S.I. 2005/2337), art. 3 (with arts. 7-10)
Introduction
24Introduction.
F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Eligibility for appointment
25 Eligibility for appointment.
F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26 Effect of appointment of partnership.
F3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27 Ineligibility on ground of lack of independence.
F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28 Effect of ineligibility.
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
29 Power of Secretary of State to require second audit.
F6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Recognition of supervisory bodies and professional qualifications
30 Supervisory bodies.
F7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31 Meaning of “appropriate qualification”.
F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
32 Qualifying bodies and recognised professional qualifications.
F9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
33 Approval of overseas qualifications.
F10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34 Eligibility of individuals retaining only 1967 Act authorisation.
F11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Duties of recognised bodies
35 The register of auditors.
F12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36 Information about firms to be available to public.
F13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
37 Matters to be notified to the Secretary of State.
F14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
38 Power to call for information.
F15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
39 Compliance orders.
F16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
40 Directions to comply with international obligations.
F17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Offences
41 False and misleading statements.
F18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42 Offences by bodies corporate, partnerships and unincorporated associations.
F19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
43 Time limits for prosecution of offences.
F20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
44 Jurisdiction and procedure in respect of offences.
F21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Supplementary provisions
45 Fees.
F22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
46 Delegation of functions of Secretary of State.
F23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
46AF33Circumstances in which Secretary of State may delegate functions to existing body
F24. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
47 Restrictive practices.
F25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
48 Exemption from liability for damages.
F26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
49 Service of notices.
F27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
50 Power to make consequential amendments.
F28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
51 Power to make provision in consequence of changes affecting accountancy bodies.
F29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
52 Meaning of “associate”.
F30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
53 Minor definitions.
F31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
54 Index of defined expressions.
F32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pt. II (ss. 24-54) applied (with modifications) (E.W.S.) (20.10.1993) by 1993 c. xi, ss. 1(2), 6(4)
Pt. II (ss. 24-54) applied (with modifications) (E.W.S.) (21.7.1993) by S.I. 1993/1820, reg. 4, Sch. para.3
Pt. II (ss. 24-54) applied (with modifications) (E.W.S.) (19.12.1993) by S.I. 1993/3245, reg.3(5)
Pt. II (ss. 24-54) applied (with modifications) (E.W.S.) (28.5.1994) by S.I. 1994/1440, art. 37(1)(2) (with arts. 38, 39)
Pt. 2 (ss. 24-54) applied (with modifications) (31.12.2004) by The Insurance Accounts Directive (Lloyd's Syndicate and Aggregate Accounts) Regulations 2004 (S.I. 2004/3219), regs. {3(6)}, {4(5)}