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s 79

Auditors’ reports, content of

In force
Part VIAgents’ trust accounts

79 Auditors’ reports, content of

Every auditor of an agent’s trust accounts shall include in his report furnished pursuant to section 70 a statement as to the following matters —

(a)

whether the trust accounts of such agent have in the opinion of the auditor been kept regularly and properly written up; and

(b)

whether the trust accounts of such agent have been ready for examination at the periods appointed by the auditor; and

(c)

whether such agent has complied with the auditor’s requirements; and

(d)

whether in the opinion of the auditor such agent’s trust accounts are, and have been during the period of the audit, in order or otherwise; and

(e)

any matter or thing in relation to such trust accounts which should in the opinion of the auditor be communicated to the Commissioner.

[Section 79 amended: No. 74 of 1980 s. 10; No. 59 of 1995 s. 17; No. 58 of 2010 s. 134.]

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