1242 Duties of registered third country auditors
1242 Duties of registered third country auditors
Companies Act 2006 | Legislation

(1)     A registered third country auditor [who audits the accounts of a UK-traded non-EEA company [UK-traded third country company]] must participate in—

(a)     arrangements within paragraph 1 of Schedule 12 (arrangements for independent monitoring of audits . . .), and

(b)     arrangements within paragraph 2 of that Schedule (arrangements for independent investigation for disciplinary purposes . . .).

(2)     A registered third country auditor must—

(a)     take such steps as may be reasonably required of it to enable its performance of [audits of accounts of UK-traded non-EEA companies [UK-traded third country companies]] to be monitored by means of inspections carried out under the arrangements mentioned in subsection (1)(a), and