Approval of auditors and inspectors
15 Approval of auditors and inspectors
The Chief Executive may approve a natural person to be—
an auditor for the purposes of this Act; or
an inspector for the purposes of this Act.
The Chief Executive must, before granting an approval to a person under this section, be satisfied that the person is competent to carry out the functions of an auditor or inspector (as the case requires) having regard to—
the person's technical skills and experience; and
any guidelines relating to competency criteria determined by the
Chief Executive for the purposes of this Part.
A natural person may make an application, in a manner and form determined by the Chief Executive, to the Chief Executive for an approval under this Part.
An application must be accompanied by the fee prescribed by the regulations.
An applicant for approval must furnish the Chief Executive with such information as the Chief Executive may require.
The Chief Executive may, after considering an application for approval—
grant the application, with or without conditions; or
refuse the application.
If the Chief Executive grants an application for approval, the
Chief Executive must issue the applicant with a written approval that sets out any conditions to which the approval is subject.
Without limiting any other provision, a condition of an approval may limit the kinds of audits or inspections that may be carried out under the approval.
An approved auditor will be taken to be an approved inspector for the purposes of this Act.
If the Chief Executive refuses an application for approval, the
Chief Executive must give notice of the refusal in writing to the applicant setting out the reasons for the refusal.
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