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 ... Summary
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.