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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 February 2020 - onwards
Version 3 of 3

Schedule 2 Auditor's Remuderation

Regulations 5(4) and (5) and 18(6)

Disclosure required in notes to accounts

1.

(1) The following information must be disclosed in -

(a) the notes to a syndicate's annual accounts; and

(b) the notes to the aggregate accounts.

(2) In this Schedule "the auditor" refers to the syndicate's auditor in the case of a syndicate's annual accounts, and to the auditor of the aggregate accounts in the case of the aggregate accounts.

2.

(1) There must be disclosed in a note to a syndicate's annual accounts and to the aggregate accounts -

(a) the amount of any remuneration receivable by the auditor for the auditing of the syndicate's annual accounts, or the aggregate accounts, as the case may be; and

(b) the amount of any remuneration receivable in respect of the financial year by -

(i) the auditor; or