Singapore legislation

Section 51

of Financial Advisers Act 2001

Section 51

Appointment of auditors

(1)

A licensed financial adviser must appoint an auditor to audit its accounts and statements prepared under section 49(1) and where, for any reason, the auditor ceases to act for such financial adviser, the financial adviser must, as soon as practicable thereafter, appoint another auditor.

(2)

Any licensed financial adviser who contravenes this section shall be guilty of an offence.[47

Read in full context — Financial Advisers Act 2001 →