This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 17 December 2015, amend the Auditor Regulations 2012 (the principal regulations).
The amendment clarifies that fees calculated on an hourly basis for work done by the Financial Markets Authority will take into account work carried out by professionally qualified contractors and secondees as well as employees (see Part 2 of the Schedule of the principal regulations).
Date of notification in Gazette: 19 November 2015.
These regulations are administered by the Ministry of Business, Innovation, and Employment.