Singapore legislation
Section 144A
Section 144A
Special audit
(1)
The Authority may, at any time by a written notice —
require a casino operator to appoint a special auditor to review or investigate the casino operator’s affairs and report the special auditor’s findings to the Authority; and
specify the terms of reference for the special audit referred to in paragraph (a) and the time within which it must be completed.
(2)
A casino operator to whom a notice under subsection (1) is directed must engage, at its own expense, a public accountant approved by the Authority to be the special auditor to conduct the special audit in accordance with the terms of reference and within the time specified in the notice.
(3)
The special auditor engaged under subsection (2) must submit the special auditor’s report, all relevant supporting documents and such other information or report as the Authority may require in relation to the special audit, to the Authority not later than 60 days after the conclusion of the special audit or within such other period as the Authority may specify in any particular case.
(4)
Any casino operator which fails to comply with subsection (2) shall be liable to disciplinary action.
(5)
In this section, “public accountant” means a person who is registered or deemed to be registered under the Accountants Act 2004 as a public accountant.