If the Secretary of State receives notice from a recognised supervisory body under section 1223A(1) (notification of matters relevant to approved third country competent authorities) that—
the Secretary of State must notify the relevant approved third country competent authority.
In subsection (1) "the relevant approved third country competent authority" means the approved third country competent authority which has approved the person concerned ... to carry out audits of annual accounts or consolidated accounts ....
The notification under subsection (1) must include the name of the person concerned and , in a case where a person's eligibility for appointment as a statutory auditor has been withdrawn, the reasons for the withdrawal.
The Secretary of State must notify the relevant approved third country competent authority if he has reasonable grounds for suspecting that—
In subsection (4) "the relevant approved third country competent authority" means the approved third country competent authority for the country or territory in which the suspected contravention took place.
The notification under subsection (4) must include the name of the person concerned and the grounds for the Secretary of State's suspicion.