Companies Act 2014 section 1434

Restriction of section 58 of the Solicitors Act 1954

Section 1434 deals with the right of a statutory auditor to prepare documents under the Companies Act 2014, notwithstanding restrictions in the Solicitors Act 1954 on non-solicitors drafting certain documents.

• A statutory auditor may draw or prepare any document required for the purposes of the Companies Act 2014.
• This right applies despite the general restriction in section 58 of the Solicitors Act 1954, which limits non-solicitors from drafting certain legal documents.
• The auditor may not prepare a deed or a company's constitution.
• Where the company is not a private company limited by shares, the auditor is also restricted from preparing a memorandum of association, articles of association, or both.