PART 3AUDITORS

Signature of auditor's report8

1

Sections 503 to 506 of the Companies Act 2006 (signature of auditor's report) apply in relation to the auditor's report required by regulation 3(1)(b), subject to—

a

any necessary modifications to take account of the fact that the insurance undertaking is unincorporated, and

b

the modifications made by paragraph (2).

2

The modifications are—

a

in section 505(1)(b) and section 506(2)(b), the references to the Secretary of State are to be construed as references to the Authority, and

b

in section 506(1)(b), the reference to the copy of the report delivered to the registrar under Chapter 10 of Part 15 (filing of accounts and reports) is to be construed as a reference to any copy of the report made available for inspection by, or supplied to, the Authority.

3

The reference to section 505 of the Companies Act 2006 in regulation 3(3)(d) is to be construed in accordance with this regulation.