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Companies Act 2014 section 1504
Initial actions to be taken after decision by recognised accountancy body that statutory auditor or audit firm of public-interest entity has committed relevant contravention
Section 1504 sets out the process that must be followed when a recognised accountancy body has found that a statutory auditor or audit firm of a public-interest entity has committed a relevant contravention, and how the matter is then referred to the Supervisory Authority for possible sanction.
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