C3Part 16Audit

Annotations:
Modifications etc. (not altering text)

Chapter 3Functions of auditor

Auditor's report

C1C2497Auditor's report on auditable part of directors' remuneration report

1

If the company is a quoted company, the auditor, in his report on the company's annual accounts for the financial year, must—

a

report to the company's members on the auditable part of the directors' remuneration report, and

b

state whether in his opinion that part of the directors' remuneration report has been properly prepared in accordance with this Act.

2

For the purposes of this Part, “the auditable part” of a directors' remuneration report is the part identified as such by regulations under section 421.