Section 19Part 0 —
Eligibility for entry on register
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An auditor is eligible to be entered on the register if —
(a) all responsible individuals of the auditor are licensed under section 11 or 12 of the Regulatory Law;
(b) the auditor and all responsible individuals of the auditor are bound by and required to comply with the Rules when auditing the accounts of market traded companies designated companies or Authority specified companies or have undertaken to do so; and
(c) all responsible individuals of the auditor have been designated by the auditor as competent to audit the accounts of a market traded company, a designated company or an Authority specified company.
all responsible individuals of the auditor are licensed under section 11 or 12 of the Regulatory Law;
the auditor and all responsible individuals of the auditor are bound by and required to comply with the Rules when auditing the accounts of market traded companies designated companies or Authority specified companies or have undertaken to do so; and
all responsible individuals of the auditor have been designated by the auditor as competent to audit the accounts of a market traded company, a designated company or an Authority specified company.
Cross References
- Section 11 of Accountants Law
Licensing under Regulatory Law
- Section 12 of Accountants Law
Licensing under Regulatory Law