106. Appointment of auditors

Terms defined in s 2

• auditor

  auditor

  Defined · s 2

  “auditor” means a public accountant who is registered or deemed to be registered under the Accountants Act 2004 and, in Division 1 of Part 13, when used in relation to an entity not being a company, includes —(a)a person who is duly registered, licensed, approved or otherwise authorised to practise as an auditor (such practice to include the issue of any opinion, report or other document on the audit of any financial statement) —(i)under the laws of the place where the entity is formed or constituted; or(ii)under the laws of the place of his or her practice, if the auditing standards that are or will be applied to the financial statements of the entity are —(A)auditing standards commonly applied in that place; or(B)international auditing standards (by whatever name called); or(b)such other person as the Authority may approve in any particular case to be an auditor for such entity;

  Open s 2
• capital markets services licence

  capital markets services licence

  Defined · s 2

  “capital markets services licence” means a licence that is granted by the Authority under section 86 to a person to carry on a business in any regulated activity;

  Open s 2