SECTION 11 AUDITING

Article 45

A Member State need not apply Article 2 (1) (b) (iii) of Directive 84/253/EEC ( 9 ) to public savings banks where the statutory auditing of the documents of those undertakings referred to in Article 1 (1) of that Directive is reserved to an existing supervisory body for those savings banks at the time of the entry into force of this Directive and where the person responsible complies at least with the conditions laid down in Article 3 to 9 of Directive 84/253/EEC.