SCHEDULES

SCHEDULE 10Recognised supervisory bodies

Part 2Requirements for recognition of a supervisory body

Membership, eligibility and discipline

14

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 statutory auditor, and

(c)

the discipline it exercises over its members,

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