Role of the auditor panel in connection with a resignation of a local auditor4
1
Where a local auditor resigns from office the relevant authority’s auditor panel must, within the period of three months beginning with the date on which the resignation takes effect—
a
investigate the circumstances connected with the local auditor ceasing to hold office;
b
consider whether any action is required to be taken by the relevant authority to address any matters raised by the resignation; and
c
give a statement to the relevant authority containing—
i
the results of the panel’s investigations under sub-paragraph (a); and
ii
the panel’s recommendations in relation to any action to be taken by the authority.
2
The relevant authority must, within the period of 28 days beginning with the date on which the authority receives the statement, publish it—
a
if the relevant authority has a website, on its website;
b
otherwise, in accordance with regulation 1(3).
3
A relevant authority must exclude from the statement published under paragraph (2) information whose disclosure would prejudice commercial confidentiality, unless there is an overriding public interest in favour of disclosure.