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s 74

Audits of business carried on at more than one place, directions as to

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Part VIAgents’ trust accounts

74 Audits of business carried on at more than one place, directions as to

In the event of an agent carrying on business at more than one place the Commissioner may from time to time give such directions as the Commissioner thinks fit for separate audits of the trust accounts in respect of the business carried on at each place, or for the acceptance by the auditor of the certificates of some person or persons approved by the Commissioner with respect to the examination of the trust accounts kept at any branch office of the business.

[Section 74 amended: No. 58 of 2010 s. 134.]

75. Approvals etc. under this Part, Commissioner’s power to cancel etc.

The Commissioner may, if in the Commissioner’s opinion just cause exists for doing so —

(a)

cancel or suspend the right of any person to act as auditor under this Part; or

(b)

vary or revoke any other approval, direction, permission, or authority granted or given by the Commissioner under this Part.

[Section 75 amended: No. 58 of 2010 s. 134.]

[76. Deleted: No. 55 of 2004 s. 1012.]

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