SCHEDULES

SCHEDULE 10Recognised supervisory bodies

Part 2Requirements for recognition of a supervisory body

Membership, eligibility and discipline

14

The rules and practices of the body relating to—

a

the admission and expulsion of members,

b

the grant and withdrawal of eligibility for appointment as a statutory auditor, and

c

the discipline it exercises over its members,

must be fair and reasonable and include adequate provision for appeals.