Moved by
Lord McKenzie of Luton
19D*: After Clause 39, insert the following new Clause—
“Report to Parliament on the new audit regime
Within three years of the passing of this Act, the Secretary of State shall report to Parliament on the effectiveness of the new audit regime, covering in particular—
(a) how the regime is being coordinated across government departments,
(b) how the proposed arrangements are enabling accounting officers and Parliament to obtain assurance that the audit regime is performing effectively,
(c) assurance that the independence of audit and quality of audit is being maintained,
(d) the extent of diversity of provision in the audit market, and
(e) the application of the regime for all relevant authorities including health bodies and smaller authorities.”