Appointment of auditor: Board may appoint auditor with inspecting-officer powers and binding obligations on Vault Manager personnel. The Board may appoint an auditor to inspect the books, accounts, records, documents and affairs of the Vault Manager; the auditor has the same powers as the inspecting officer under regulation 20, and the Vault Manager and its directors, officers and employees are bound by the same obligations toward that auditor as set out in regulation 22.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appointment of auditor: Board may appoint auditor with inspecting-officer powers and binding obligations on Vault Manager personnel.
The Board may appoint an auditor to inspect the books, accounts, records, documents and affairs of the Vault Manager; the auditor has the same powers as the inspecting officer under regulation 20, and the Vault Manager and its directors, officers and employees are bound by the same obligations toward that auditor as set out in regulation 22.
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