Singapore legislation
Regulation 15
of Carbon Pricing (Measurement, Reporting and Verification) Regulations 2018
Regulation 15
Verification team and conduct of pre-verification engagement assessment
Subregulation 1
The accredited external auditor must not undertake the verification engagement for the taxable facility unless the verification team appointed by the accredited external auditor for the verification engagement has assessed that —
the accredited external auditor is accredited for the industry sector in which the taxable facility operates;
the accredited external auditor and the registered person are independent of each other in relation to the taxable facility in accordance with regulation 37; and
the accredited external auditor has the competence, personnel and resources to conduct the verification engagement in accordance with these Regulations, taking into account the nature, scale and complexity of the verification engagement.
Subregulation 2
The registered person must provide all information and documents to the accredited external auditor that are necessary for the assessment mentioned in paragraph (1).