43 Right of entity to appoint auditor to conduct statutory audit

Audit of accounts

43  Right of entity to appoint auditor to conduct statutory audit

(1)     Where a person is appointed under this Chapter in relation to an entity for a financial year, the entity may, under and in accordance with the relevant statutory provision, appoint that person as auditor of the entity for the purposes of that provision for the financial year.

(2)     An appointment pursuant to subsection (1) is to be—

(a)     on the standard terms and conditions, or

(b)

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