Section 273
Term of office of auditors of public company
ActIn forceProvision 273 of 768
Section 273
The auditor of a public company shall hold office in accordance with the terms of his appointment, provided that—
(a)
he does not take office until the previous auditor has ceased to hold office unless he is the first auditor of the company, and
(b)
he ceased to hold office at the conclusion of the annual general meeting next following his appointment, unless he is re-appointed.