(1) This section applies to an auditor or actuary to whom section 342 applies.
(2) He must without delay notify the appropriate regulator if he -
(a) is removed from office by an authorised person or recognised investment exchange;
(b) resigns before the expiry of his term of office with such a person; or
(c) is not re-appointed by such a person.
(3) If he ceases to be an auditor of, or actuary acting for, such a person, he must without delay notify the appropriate regulator -
(a) of any matter connected with his so ceasing which he thinks ought to be drawn to the regulator's attention; or
(b) that there is no such matter.
(4) In this section "the appropriate regulator" means -
(a) in the case of an auditor of, or an actuary acting for, a PRA-authorised person, the PRA;