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SCHEDULEAMENDMENTS TO ENACTMENTS

Banking Act 1987(1)

67.  In Schedule 4 to the Banking Act 1987 (the Deposit Protection Board), in paragraph 5 (accounts and audit), for sub-paragraph (4) substitute–

(4) A person shall not be appointed as auditor by the Board under sub-paragraph (3) above unless he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989..