§ 205AA — Resignation of non‑public interest company auditors

205AA.—(1) An auditor of a non‑public interest company (other than a company which is a subsidiary company of a public interest company) may resign before the end of the term of office for which the auditor was appointed by giving the company a notice of resignation in writing.[36/2014]

(2) Where a notice of resignation is given under subsection (1), the auditor’s term of office expires —(a)

at the end of the day on which notice is given to the company; or

(b)

if the notice specifies a time on a later day for the purpose, at that time.[36/2014]

(3) Within 14 days beginning on the date on which a company receives a notice of resignation under subsection (1), the company must lodge with the Registrar a notification of that fact in such form as the Registrar may require.[36/2014]

(4) In this section and sections 205AB, 205AC and 205AF —“non‑public interest company” means a company other than a public interest company;

“public interest company” means a company which is listed or in the process of issuing its debt or equity instruments for trading on an approved exchange in Singapore, or such other company as the Minister may prescribe.[36/2014; 4/2017]

—(1) An auditor of a non‑public interest company (other than a company which is a subsidiary company of a public interest company) may resign before the end of the term of office for which the auditor was appointed by giving the company a notice of resignation in writing.[36/2014]

(2) Where a notice of resignation is given under subsection (1), the auditor’s term of office expires —(a)

at the end of the day on which notice is given to the company; or

(b)

if the notice specifies a time on a later day for the purpose, at that time.[36/2014]

(3) Within 14 days beginning on the date on which a company receives a notice of resignation under subsection (1), the company must lodge with the Registrar a notification of that fact in such form as the Registrar may require.[36/2014]

(4) In this section and sections 205AB, 205AC and 205AF —“non‑public interest company” means a company other than a public interest company;

“public interest company” means a company which is listed or in the process of issuing its debt or equity instruments for trading on an approved exchange in Singapore, or such other company as the Minister may prescribe.[36/2014; 4/2017]