Section 27
ActIn forceProvision 28 of 53
Section 27
(1)
Every licensed borrowing company shall appoint annually an auditor—
(a)
who is an approved company auditor pursuant to section 8 of the Companies Act, 1965; and
(b)
who in addition to being an approved company auditor pursuant to paragraph (a) is again approved by the Minister for the purposes of this Act.
(2)
Sections 30, 31 and 32 shall apply to an auditor appointed under this section as if for references to the Central Bank there were substituted references to the auditor.