SCHEDULES

SCHEDULE 5Eligibility and regulation of local auditors

I123

1

Section 1254 (directions to comply with international obligations) applies with the following modifications.

2

In F1subsection (1)(a)

F2a

omit “, the Independent Supervisor” F3, and

b

for “EU obligations” substitute F4assimilated obligations”.

3

For subsection (3) substitute—

3

A direction under this section given to a body designated by order under section 1252 is enforceable on the application of the Secretary of State by injunction.