Section 1229(3)

For this purpose “supervision arrangements” are arrangements established by the Independent Supervisor or entered into by the Independent Supervisor with a body, for the purposes of this section, in accordance with which the Independent Supervisor or the body does . . . the following— determines standards relating to professional integrity and independence which must be applied by an Auditor General in statutory audit work; determines technical standards which must be applied by an Auditor General in statutory audit work and the manner in which those standards are to be applied in practice; monitors the performance of statutory audits carried out by an Auditor General; investigates any matter arising from the performance by an Auditor General of a statutory audit; holds disciplinary hearings in respect of an Auditor General which appear to be desirable following the conclusion of such investigations; decides whether (and, if so, what) disciplinary action should be taken against an Auditor General to whom such a hearing related.

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Source: legislation.gov.uk · retrieved 2026-09-04