Sri Lanka Consolidated Acts

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Regional Development Banks Act (No. 6 of 1997) - Sect 33

Appointment of qualified auditor

33.
(1) The shareholders of the Bank shall at each Annual General Meeting of the Bank appoint a qualified auditor as the auditor of the Bank and he shall hold office from the conclusion of that meeting until the conclusion of the next Annual General Meeting :
(2) For the purpose of this section "qualified auditor" means a firm of Accountants each of the resident partners of which, being a member of the Institute of Chartered Accountants of Sri Lanka or any other Institute established by law, possesses a certificate to practise as an Accountant issued by the Council of such Institute.


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