(1) The approved trustee of a registered scheme shall, before the deadline after  each relevant period report to the Authority

(a) the control objectives of the scheme; and 

(b) the major procedures and internal control measures for achieving  the objectives

(2) Where the trustee is the approved trustee of two or more registered schemes and the control objectives and procedures and internal control measures for each of the schemes are the same the trustee may lodge a single report in respect of all of the schemes.

(3) A report shall be accompanied by an auditor's report prepared in accordance with regulation 93.

(4) The report shall be signed

(a) by at least two directors of the company if the trustee is or includes a  company; and

(b) By at least two of the persons including the independent trustee if the trustee consists wholly of individual persons.