Companies Act 2006 (Accounts, Reports and Audit) Regulations 2009

Could I delay the Minister for 10 seconds? I had a look through the corporate governance statements. My noble friend told us when he last carried out work in the audit profession; I go back at least 15 to 20 years before that. Will the Minister clarify something for me, though not necessarily today? On page 3 under "Part 15 definition of ‘corporate governance statement’", the noble Lord will find paragraph 6 and "Auditor’s report on separate corporate governance statement". That is not necessarily his duties, but in Regulation 6 he will find Section 497 of the Companies Act 2006, which, I am afraid, is not part of my bedtime reading. I am fascinated by the auditor’s report on the auditable part of directors’ remuneration, but I am somewhat suspicious. I wonder what aspects of the report and the directors’ remuneration would not be auditable, to put it politely. Perhaps the noble Lord could reassure me—not today, but in writing, because I do not want to delay the Committee any further. I am very grateful for his words of reassurance throughout.