29. Defamation

(1)

An auditor shall not, in the absence of malice on the auditor’s part, be liable to any action for defamation at the suit of any person in respect of —

(a)

any statement made orally or in writing in the discharge of the auditor’s duties; or

(b)

the sending of any report to the Board under any regulations made pursuant to section 22 or 28.

(2)

This section does not restrict or affect any right, privilege or immunity that the auditor has, apart from this section, as a defendant in an action for defamation.