SCHEDULE 5Auditors ceasing to hold office
PART 2Miscellaneous
Replacement of references to documents being deposited at the company's registered office
16
(1)
Section 516 (resignation of auditor) is amended as follows.
(2)
In subsection (1), for the words from “depositing” to the end of the subsection substitute “
sending a notice to that effect to the company
”
.
(3)
In subsection (3), for “deposited” substitute “
received
”
.
17
(1)
Section 518 (rights of resigning auditor) is amended as follows.
(2)
In subsection (2)—
(a)
for “deposit” substitute “
send
”
;
(b)
for “a signed” substitute “
an authenticated
”
.
(3)
In subsection (5), for “of the deposit of” substitute “
on which the company receives
”
.
18
(1)
Section 519 (statement by auditor to be deposited with company) is amended as follows.
(2)
In subsection (4), for “deposited” substitute “
sent
”
.
(3)
In the heading, for “deposited with” substitute “
sent to
”
.
19
In section 520(2) (company's duties in relation to statement), for “deposit” substitute “
receipt
”
.
20
In section 521(1) (copy of statement to be sent to registrar), for “deposited” substitute “
sent
”
.