Part XXIIU.K. Auditors and Actuaries

Modifications etc. (not altering text)

C1Pt. 22 applied (with modifications) (30.4.2011) by The Electronic Money Regulations 2011 (S.I. 2011/99), regs. 1(2)(b), 62, Sch. 3 para. 5 (with reg. 3) (as amended (1.4.2013) by S.I. 2013/472, Sch. 2 para. 196(5)(e) and (18.9.2023) by S.I. 2023/790, regs. 1(2)(a), 2(3)(b))

InformationU.K.

344 Duty of auditor or actuary resigning etc. to give notice.U.K.

(1)This section applies to an auditor or actuary to whom section 342 applies.

(2)He must without delay notify the Authority if he—

(a)is removed from office by an authorised person;

(b)resigns before the expiry of his term of office with such a person; or

(c)is not re-appointed by such a person.

(3)If he ceases to be an auditor of, or actuary acting for, such a person, he must without delay notify the Authority—

(a)of any matter connected with his so ceasing which he thinks ought to be drawn to the Authority’s attention; or

(b)that there is no such matter.