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(1)The remuneration of a company's auditors shall be fixed by the company in general meeting, or in such manner as the company in general meeting may determine.
(2)This does not apply in the case of auditors appointed by the directors or by the Secretary of State ; and in that case their remuneration may be fixed by the directors or by the Secretary of State (as the case may be).
(3)For the purpose of this section, " remuneration " includes any sums paid by the company in respect of the auditor's expenses.
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