474.The Authority may disqualify an auditor from auditing authorised unit trust schemes or authorised oeics if the auditor does not comply with the trust scheme rules. Warning and decision notice procedures will apply, as well as rights to refer a decision to the Tribunal.
Commentary on Sections Part Xvii: Collective Investment Schemes Chapter III: Authorised unit trust schemes Section 249: Disqualification of auditor for breach of trust scheme rules