[345A Disciplinary measures: PRA]

[345A  Disciplinary measures: PRA]

[(1)     The following provisions of this section have effect only if the Treasury, by order made after consultation with the PRA, so provide.

(2)     Subsection (3) applies if it appears to the PRA that an auditor or actuary to whom section 342 applies—

(a)     has failed to comply with a duty imposed on the auditor or actuary by rules made by the PRA, or

(b)     has failed to comply with a duty imposed under this Act to communicate information to the PRA.

(3)     The PRA may exercise one or more of the specified powers.

(4)     The specified powers are

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