Structure of the Act Part 2 – Regulation of Social Housing Accounts Section 143 - Disclosure
354.This section broadly replicates the effect of paragraph 19A of Schedule 1 to the 1996 Act, concerning the disclosure of information by auditors and reporting accountants.
355.Subsection (1) specifies that this section applies to information that a person has received while acting either as an auditor or a reporting accountant of a registered provider.
356.Subsection (2) permits persons in receipt of information as described in subsection (1) to disclose that information to the regulator for a purpose connected with the regulator’s functions even if there is otherwise a duty of confidentiality on those persons, and regardless of whether or not the regulator has requested the information.
357.Subsection (3) clarifies that disclosure of information in this way includes expression of an opinion on that information.
358.Subsection (4) defines “reporting accountant” for the purposes of this section.