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Changes over time for: Cross Heading: Meeting of claims arising out of audit work
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Timeline of Changes
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Version Superseded: 06/04/2008
Status:
Point in time view as at 05/12/2005.
Changes to legislation:
There are currently no known outstanding effects for the Companies Act 1989, Cross Heading: Meeting of claims arising out of audit work.
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Meeting of claims arising out of audit workE+W+S
13(1)The body must have adequate rules or arrangements designed to ensure that persons eligible under its rules for appointment as a company auditor take such steps as may reasonably be expected of them to secure that they are able to meet claims against them arising out of company audit work.
(2)This may be achieved by professional indemnity insurance or other appropriate arrangements.
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