SCHEDULE 5 Eligibility and Regulation of Local Auditors
Local Audit and Accountability Act 2014 (2014 c 2) | Legislation

SCHEDULE 5 Eligibility and Regulation of Local Auditors

Section 18

1

(1)ÌýÌýÌýÌý Part 42 of the Companies Act 2006 (statutory auditors) applies in relation to local audits as it applies in relation to statutory audits within the meaning of that Part, subject to—

(a)ÌýÌýÌýÌý the general modifications to that Part in paragraph 2, and

(b)ÌýÌýÌýÌý the specific modifications to that Part in the rest of this Schedule.

(2)ÌýÌýÌýÌý For the purposes of this Schedule—

a “local audit†means an audit under this Act of the accounts of a relevant authority;

“local audit work†means work in connection with such audits.

(3)ÌýÌýÌýÌý The reference in sub-paragraph (1) to Part 42 of the Companies Act 2006 includes sections 1288, 1289, 1290 and 1292 of that Act (regulations and orders) as they apply in relation to that Part.

[(3)ÌýÌýÌýÌý The reference in sub-paragraph (1) to Part 42 of the Companies Act 2006—

(a)ÌýÌýÌýÌý includes sections 1288, 1289, 1290 and 1292 of that Act (regulations and orders) as they apply in relation to that Part;

(b)ÌýÌýÌýÌý does not include the amendments made to that Part by the Statutory Auditors and Third Country Auditors Regulations 2016 [and the Statutory Auditors and Third

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