Financial Services Act 2013 s 67
s 67 Appointment of auditor by institution
(1) Every institution shall appoint an auditor for each financial year who meets such requirements or has such qualifications set out in any standards as may be specified by the Bank under subsection 47(1).
(2) Except with the prior written approval of the Bank, no licensed person shall appoint any person as its auditor and no person shall accept any appointment as an auditor of a licensed person.
(3) An approved person or operator of a designated payment system shall notify the Bank of the appointment of its auditor within such period as may be determined by the Bank.
(4) For the purposes of this Division—
(a) a person shall not be deemed to be an officer of an institution by reason only of him having been appointed as an auditor of the institution; and
(b) the term “appointment” includes reappointment.
Malay text (authoritative)
Pelantikan juruaudit oleh institusi
(1) Tiap-tiap institusi hendaklah melantik juruaudit pada setiap tahun kewangan yang memenuhi apa-apa kehendak atau mempunyai apa-apa kelayakan yang dinyatakan dalam manamana standard sebagaimana yang ditentukan oleh Bank di bawah subseksyen 47(1).
(2) Kecuali dengan kelulusan bertulis terdahulu Bank, tiada orang berlesen pun boleh melantik mana-mana orang sebagai juruauditnya dan tiada seorang pun boleh menerima apa-apa pelantikan sebagai juruaudit orang berlesen.
(3) Orang yang diluluskan atau pengendali sistem pembayaran yang ditetapkan hendaklah memberitahu Bank mengenai pelantikan juruauditnya dalam apa-apa tempoh sebagaimana yang diputuskan oleh Bank.
(4) Bagi maksud Penggal ini—
(a) seseorang itu tidak boleh disifatkan sebagai seorang pegawai institusi hanya disebabkan dia telah dilantik sebagai juruaudit institusi itu; dan
(b) terma “pelantikan” termasuklah pelantikan semula.
Read this section in the full act → · Open Division 4 →
Find Act 758 on lom.agc.gov.my ↗
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
