AuditU.K.
10(1)The Agency’s accounts [F1in respect of financial years ending on or before 31st March 2004] and statements of accounts [F2in respect of those financial years] shall be audited by an auditor to be appointed annually by the Secretary of State.U.K.
(2)A person shall not be qualified for appointment under sub-paragraph (1) unless—
(a)he is eligible for appointment as a company auditor under Part II of the M1Companies Act 1989 (eligibility for appointment as company auditor); and
(b)if the Agency were a body to which section 384 of the M2Companies Act 1985 (duty to appoint auditors) applies, he would not be ineligible for appointment as company auditor of the Agency by virtue of section 27 of the Companies Act 1989 (ineligibility on ground of lack of independence).
[F3(3)The Comptroller and Auditor General shall examine, certify and report on each statement of accounts sent to him under paragraph 9(5).]
Textual Amendments
F1Words in Sch. 18 para. 10(1) inserted (23.5.2003) by The Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2003 (S.I. 2003/1326), arts. 1, 18(3)(a)(i)
F2Words in Sch. 18 para. 10(1) inserted (23.5.2003) by The Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2003 (S.I. 2003/1326), arts. 1, 18(3)(a)(ii)
F3Sch. 18 para. 10(3) inserted (23.5.2003) by The Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2003 (S.I. 2003/1326), arts. 1, 18(3)(b)
Marginal Citations