Singapore legislation

Regulation 34

of Carbon Pricing (Measurement, Reporting and Verification) Regulations 2018

Regulation 34

Award of accreditation

Subregulation 1

The Agency may award an accreditation for a validity period of (on any one occasion) 3 years from the date of accreditation, subject to the period being reduced or the accreditation being revoked under regulation 35(1), or the accreditation being withdrawn by the person to whom the accreditation is given.

Subregulation 2

The award must specify the individuals who may be a lead verifier, an independent reviewer and (where applicable) an expert in a complex sector to which the accreditation relates, for any verification engagement undertaken by the accredited external auditor; and only those individuals can perform those roles for the accredited external auditor.

Subregulation 3

The Agency may, at any time, add to or remove any individual that may be a lead verifier, an independent reviewer or an expert in a complex sector under paragraph (2).