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(1)The Secretary of State shall make regulations requiring recognised supervisory bodies to keep and make available to the public the following information with respect to the firms eligible under their rules for appointment as a company auditor—
(a)in relation to a body corporate, the name and address of each person who is a director of the body or holds any shares in it,
(b)in relation to a partnership, the name and address of each partner,
and such other information as may be specified in the regulations.
(2)The regulations may impose such obligations as the Secretary of State thinks fit—
(a)on recognised supervisory bodies,
(b)on persons eligible for appointment as company auditor, and
(c)on any person with whom arrangements are made by one or more recognised supervisory bodies with respect to the keeping of the information.
(3)The regulations may include provision—
(a)requiring that the information be open to inspection at such times and places as may be specified in the regulations or determined in accordance with them,
(b)enabling a person to require a certified copy of the information or any part of it, and
(c)authorising the charging of fees for inspection, or the provision of copies, of such reasonable amount as may be specified in the regulations or determined in accordance with them;
and may contain such other supplementary and incidental provisions as the Secretary of State thinks fit.
(4)The regulations may make different provision in relation to different descriptions of information and may contain such other supplementary and incidental provisions as the Secretary of State thinks fit.
(5)Regulations under this section shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.
(6)The obligations imposed by regulations under this section on such persons as are mentioned in subsection (2)(a) or (c) are enforceable on the application of the Secretary of State by injunction or, in Scotland, by an order under section 45 of the [1988 c. 36.] Court of Session Act 1988.
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