(1) This Regulation applies where the provision referred to in paragraph (2), (3), (4) or (5) uses the expression "recognised accountancy body" without qualification and that provision does not, by its express terms, itself indicate which recognised accountancy body is being referred to.
(2) A provision of these Regulations that confers a function on a recognised accountancy body in relation to a statutory auditor or audit firm shall be read as conferring that function -
(a) in the case of a statutory auditor who is not a member of a statutory audit firm, on the recognised accountancy body of which the statutory auditor is a member,
(b) in the case of statutory auditor who is a member of a statutory audit firm, on the recognised accountancy body of which the statutory audit firm is a member, and
(c) in the case of a statutory audit firm, on the recognised accountancy body of which the statutory audit firm is a member.
(3) With regard to the function conferred by Regulation 37 on a