Regulation 15

29.

(1) Section 1217 (supervisory bodies) [Section 1217 was amended by S.I.2007/3494.] is amended as follows.

(2) In subsection (1A), for the words from "paragraphs 9(3)(b)" to "other officer)" substitute "paragraphs 9(1A) and 10C(3) (bar on appointment as director or other officer) and paragraph 9(3)(b) (confidentiality of information)".

(3) In subsection (3), after "which the body" insert, "or the competent authority".

30.

(1) Section 1218 (exemption from liability for damages) is amended as follows.

(2) In subsection (3) -

(a) in paragraph (d), after "this Part" insert "or by or by virtue of the Statutory Auditors and Third Country Auditors Regulations 2016;";

(b) after paragraph (d) insert -

"(e) the obligations imposed on the body by or by virtue of the Audit Regulation.".

(3) In subsection (4) -

(a) in paragraph (b), after "this Part" insert ", the Statutory Auditors and Third Country Auditors Regulations 2016 or the Audit Regulation";