SCHEDULES

SCHEDULE 5Auditors ceasing to hold office

PART 1Notification requirements

I19

1

Section 522 (duty of auditor to notify appropriate audit authority) is amended as follows.

2

For subsections (1) to (4) substitute—

1

Where an auditor of a company sends a statement under section 519, the auditor must at the same time send a copy of the statement to the appropriate audit authority.

3

In the heading, for “notify” substitute “ send statement to ”.