BUILDING ACT 2004 - SECT 119 Auditor's role

BUILDING ACT 2004 - SECT 119

    (1)     The auditor for an approved scheme must, in accordance with the prudential standards—

        (a)     exercise the functions of auditor for the scheme prescribed under the prudential standards; and

        (b)     find out and report on whether the trustees of the scheme are complying with the prudential standards; and

        (c)     prepare, and give to the trustees of the scheme, any reports required under the prudential standards to be prepared by the auditor; and

        (d)     give the trustees any certificates relating to the scheme's accounts that are required under the prudential standards to be prepared by the auditor.

    (2)     A report under subsection (1) (c) must deal with everything required under the prudential standards to be dealt with in the report.

    (3)     A certificate under subsection (1) (d) must contain statements of the auditor's opinion on the matters required under the prudential standards to be dealt with in the certificate.