C3Part 16Audit

Annotations:
Modifications etc. (not altering text)

Chapter 4Removal, resignation, etc of auditors

Resignation of auditor

C1C2517Notice to registrar of resignation of auditor

1

Where an auditor resigns the company must within 14 days of the deposit of a notice of resignation send a copy of the notice to the registrar of companies.

2

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

3

A person guilty of an offence under this section is liable—

a

on conviction on indictment, to a fine;

b

on summary conviction, to a fine not exceeding the statutory maximum and, for continued contravention, a daily default fine not exceeding one-tenth of the statutory maximum.