Regulation 3(2)(d)

1. Each of the following shall be regarded as an associate of a company’s auditor -

(a) any person controlled by the company’s auditor or by any associate of the company’s auditor (whether alone or through two or more persons acting together to secure or exercise control), but only if that control does not arise solely by virtue of the company’s auditor or any associate of the company’s auditor acting -

(i) as an insolvency practitioner in relation to any person;

(ii) in the capacity of a receiver, or a receiver or manager, of the property of a company or other body corporate; or

(iii) as a judicial factor on the estate of any person;

(b) any person who, or group of persons acting together which, has control of the company’s auditor;

(c) any person using a trading name which is the same as or similar to a trading name used by the company’s auditor, but only if the company’s auditor uses that trading name with the intention of creating the impression of a connection between the auditor and that other person;

(d) any person who is a party to an arrangement with the company’s auditor, with or without any other person, under which costs, profits, quality control, business strategy or significant professional resources are shared.