Companies Act 2014 section 1575

Removal of third-country auditor or third-country audit entity registered in accordance with section 1573 from public register

Section 1575 deals with the circumstances under which the Supervisory Authority may require the Registrar to remove a third-country auditor or third-country audit entity from the public register, and the procedural safeguards that must be followed before any such removal takes place.

• A third-country auditor or audit entity may be removed from the public register if they fail to provide necessary information or pay the required fee for registration renewal, or if a quality assurance inspection or disciplinary process requires it
• An auditor or entity currently subject to a quality assurance inspection or investigation cannot be removed from the register until that process has been completed
• Before exercising its removal power, the Supervisory Authority must give the auditor or entity a reasonable opportunity to make written representations, having informed them of the grounds for the proposed removal
• The Supervisory Authority may publish the name of any removed auditor or entity on its website, together with the reasons for the removal