Clause 37
Amendment of Seventh Schedule
of Deposit Insurance and Policy Owners’ Protection Schemes (Amendment) Bill
BillNot in forceProvision 37 of 39
Clause 37
The Seventh Schedule to the principal Act is amended —
(a)
by deleting the words “memorandum and articles of association” in paragraph 1 and substituting the word “constitution”;
(b)
by deleting paragraph 3 and substituting the following paragraph:“Auditor
3. The accounts of the Agency must be audited by such auditor as may be appointed annually by the Agency.”; and
(c)
by deleting paragraph 12.