(1) A statutory auditor will be precluded from performing the statutory audit if a member of the statutory auditor’s network meets one of the preclusion criteria pursuant to section 319 (2), (3) sentence 1 nos. 1, 2 or 4, (3) sentence 2 or (4), unless the member of the network cannot influence the result of the statutory audit. The statutory auditor will be precluded if a member of the statutory auditor’s network meets one of the preclusion criteria pursuant to section 319 (3) sentence 1 number 3. A network is given wherever persons work together for a certain period in practicing their profession in order to pursue shared economic interests.
(2) Subsection (1) applies accordingly to the statutory auditor of the consolidated financial statements.