s 108 Reports by auditor to Authority in certain cases
108. Where, in the performance of his or her duties as an auditor for a holder of a capital markets services licence, an auditor becomes aware of —(a) any matter which, in his or her opinion, adversely affects or may adversely affect the financial position of the holder to a material extent; (b) any matter which, in his or her opinion, constitutes or may constitute a contravention of any provision of this Act or an offence involving fraud or dishonesty; or (c) any irregularity that has or may have a material effect upon the accounts, including any irregularity that may affect or jeopardise the moneys or other assets of any customer of the holder, the auditor must immediately thereafter send — (d) a report in writing of the matter or irregularity to the Authority; and (e) where the holder is a member of an approved exchange, a copy of the report to the approved exchange.[4/2017]