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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 17 June 2016 - onwards
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1229. Supervision of Auditors General by the Independent Supervisor

(1) The Independent Supervisor must supervise the performance by each Auditor General of his functions as a statutory auditor.

(2) The Independent Supervisor must discharge that duty by -

(a) establishing supervision arrangements itself, or

(b) entering into supervision arrangements with one or more recognised supervisory bodies.

(2A) If the Independent Supervisor enters into supervision arrangements with one or more bodies, it must oversee the effective operation of those supervision arrangements.

(3) For this purpose "supervision arrangements" are arrangements established by the Independent Supervisor or entered into by the Independent Supervisor with a body, for the purposes of this section, in accordance with which the Independent Supervisor or the body does the following -

(a) determines standards relating to professional integrity and independence which must be applied by an Auditor General in statutory audit work;

(b) determines technical standards which must be applied by an Au

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