C15C13C20C11C22C21C19C10Part 16Audit

Annotations:
Modifications etc. (not altering text)
C15

Pt. 16 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 162, 163 (with reg. 189)

C11

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C11Chapter 3Functions of auditor

Duties and rights of auditors

C4C5C6C7C8C9C16C14C12C18C23C17499C3C2C1Auditor's general right to information

1

An auditor of a company—

a

has a right of access at all times to the company's books, accounts and vouchers (in whatever form they are held), and

b

may require any of the following persons to provide him with such information or explanations as he thinks necessary for the performance of his duties as auditor.

2

Those persons are—

a

any officer or employee of the company;

b

any person holding or accountable for any of the company's books, accounts or vouchers;

c

any subsidiary undertaking of the company which is a body corporate incorporated in the United Kingdom;

d

any officer, employee or auditor of any such subsidiary undertaking or any person holding or accountable for any books, accounts or vouchers of any such subsidiary undertaking;

e

any person who fell within any of paragraphs (a) to (d) at a time to which the information or explanations required by the auditor relates or relate.

3

A statement made by a person in response to a requirement under this section may not be used in evidence against him in criminal proceedings except proceedings for an offence under section 501.

4

Nothing in this section compels a person to disclose information in respect of which a claim to legal professional privilege (in Scotland, to confidentiality of communications) could be maintained in legal proceedings.