Audit expense recovery: Board may require Vault Manager to reimburse auditor fees for inspection of books and records. Regulation 26 provides that the Board may recover from the Vault Manager the expenses incurred as fees paid to an auditor engaged to inspect the vault manager's books of account, records and documents.
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.
Audit expense recovery: Board may require Vault Manager to reimburse auditor fees for inspection of books and records.
Regulation 26 provides that the Board may recover from the Vault Manager the expenses incurred as fees paid to an auditor engaged to inspect the vault manager's books of account, records and documents.
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