Commentary Part 3 – Appointment Etc of Local Auditors Schedule 4, Paragraph 1: Options for auditor panels
30.This paragraph sets out the different ways in which a body may meet the requirement to have an auditor panel. It is intended to provide flexibility for different arrangements that can reflect local circumstances and, for example, any joint working arrangements. It provides that the auditor panel can be a panel appointed as such, a shared auditor panel appointed by one or more other authorities, or an existing committee that complies with provisions applying to auditor panels. This paragraph also requires that for the Greater London Authority, the appointment of the auditor panel is a matter for the Mayor of London and London Assembly acting jointly.