reg 14 Amendments to the Statutory Auditors and Third Country Auditors Regulations 2016
(1) The Statutory Auditors and Third Country Auditors Regulations 2016 are amended as follows. (2) In regulation 5(11)(j), after “Schedule 14” insert “or Schedule 14A”. (3) For regulation 12 substitute— (12) (1) This regulation applies to any term in a contract which, in relation to the conduct of a statutory audit of an audited person other than a person which is a public interest entity, provides for the restriction of the audited person’s choice of statutory auditor to certain categories or lists of statutory auditors. (2) A term to which this regulation applies has no effect.