Singapore legislation
Regulation 35
of Carbon Pricing (Measurement, Reporting and Verification) Regulations 2018
Regulation 35
Suspension, revocation of accreditation, etc.
Subregulation 1
Where the Agency is satisfied that an accredited external auditor no longer satisfies the requirements in regulation 29 or 30 (as the case may be) for its accreditation, or has or is contravening or is likely to contravene any provision in this Part, the Agency may do any one or more of the following:
in relation to a contravention or likely contravention, direct the accredited external auditor to take steps to rectify the contravention or desist from the contravention;
in any case —
suspend the accreditation; (ii)reduce the scope of the accreditation (including the period of accreditation);
without affecting regulation 34(3), remove from the award of accreditation any individual specified under regulation 34(2) that caused or contributed to the contravention or likely contravention; or
revoke the accreditation.
Subregulation 2
Where the Agency acts under paragraph (1) in relation to an accredited external auditor, the accredited external auditor must, within 5 working days after receipt from the Agency of a notification of the act, inform all registered persons affected by the act, of that act.