SCHEDULES

SCHEDULE 5Eligibility and regulation of local auditors

11(1)Section 1225 (enforcement: general) applies with the following modifications.

(2)In subsection (1)(b), for “any requirement of Part 2 of Schedule 11 is not satisfied” substitute “any requirement under regulations under section 1219 applying to the qualification is not satisfied”.

(3)In subsection (3), for “paragraph 3 of Schedule 11 (revocation of recognition orders)” substitute “any power of the Secretary of State to make a revocation order under regulations under section 1219”.