1212Individuals and firms: eligibility for appointment as a statutory auditorU.K.
This section has no associated Explanatory Notes
(1)An individual or firm is eligible for appointment as a statutory auditor if the individual or firm—
(a)is a member of a recognised supervisory body, and
(b)is eligible for appointment under the rules of that body.
(2)In the cases to which section 1222 applies (individuals retaining only 1967 Act authorisation) a person's eligibility for appointment as a statutory auditor is restricted as mentioned in that section.