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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 17 June 2016 - onwards
Version 3 of 3

Regulation 43 Removal, resignation, etc of auditors

(1) Sections 510 to 512 apply to LLPs, modified so that they read as follows -

"510. Removal of auditor

(1) The members of an LLP may remove an auditor from office at any time.

(2) Nothing in this section is to be taken as depriving the person removed of compensation or damages payable to him in respect of the termination -

(a) of his appointment as auditor, or

(b) of any appointment terminating with that as auditor.

(3) An auditor may not be removed from office before the expiration of his term of office except -

(a) by resolution under this section, or

(b) in accordance with section 511A.

511. Notice of removal of auditor

(1) No determination to remove an auditor before the expiration of his term of office may be made under section 510 unless the LLP has given 7 days' prior notice to any auditor whom it is proposed to remove

(2) The auditor proposed to be removed may make with respect to the proposal representations in writing to the LLP (not exceeding a reasonable length) and request their notification to members of the LLP.