SCHEDULE Modification of Part 7 of the 1985 Act for syndicate accounts
10 Section 235 (auditors' report) is modified so that subsection (1) is substituted as follows—

“1 A syndicate’s auditors shall make a report to the syndicate’s members on all annual accounts of the syndicate of which copies are to be sent to the syndicate members during the auditors' tenure of office.”

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Inserted by the Companies Act 1989 and amended by S.I.2002/1986 and S.I.2004/2947.