Where a statutory auditor or an audit firm is replaced by another statutory auditor or audit firm, the former statutory auditor or audit firm shall comply with the requirements laid down in Article 23(3) of Directive 2006/43/EC.

Subject to paragraph 16 of Schedule 1 to the Statutory Auditors and Third Country Auditors Regulations 2016, an outgoing statutory auditor shall grant an incoming statutory auditor access to the additional reports referred to in Article 11 in respect of previous years and to any information transmitted to competent authorities pursuant to Article 13, any rules made under section 340 of the Financial Services and Markets Act 2000, and the Financial Services and Markets Act 2000 (Communications by Auditors) Regulations 2001.

The former statutory auditor shall be able to demonstrate to the competent authority that such information has been provided to the incoming statutory auditor.