1474. (1) The F926[Corporate Enforcement Authority] may demand of a person—

(a) acting as a statutory auditor or audit firm of an undertaking, or

(b) purporting to have obtained approval under this Part, or registration in accordance with section 1465, to so act,

the production of evidence of the person’s approval under this Part or, if applicable, registration in accordance with section 1465 in respect of any period during which the person so acted or purported to have obtained such approval.

(2) If the person concerned refuses or fails to produce the evidence referred to in subsection (1) within 30 days after the date of the demand referred to in that subsection, or such longer period as the F926[Corporate Enforcement Authority] may allow, the person shall be guilty of a category 3 offence.

(3) In a prosecution for an offence under this section, it shall be presumed, until the contrary is shown, that the defendant did not, within 30 days, or any longer period allowed, after the day on which the production was demanded, produce evidence in accordance with subsection (1).]