SCHEDULES

SCHEDULE 11 Recognition of Supervisory Body

Part II Requirements for Recognition

Membership, eligibility and discipline

11

The rules and practices of the body relating to—

(a)

the admission and expulsion of members,

(b)

the grant and withdrawal of eligibility for appointment as a company auditor, and

(c)

the discipline it exercises over its members,

must be fair and reasonable and include adequate provision for appeals.