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    <title>Conditions of exemption in certain cases</title>
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    <description>Conditions for claiming a branch audit exemption require that the company permit the person employed to audit the branch full access to branch books, accounts and vouchers and provide information and explanations; that person must prepare and forward an annual report on the branch accounts to the company&#039;s auditor while the exemption is in force; and the company must attach to each balance sheet a certificate that no material change has occurred in the arrangements for auditing the branch accounts, signed by specified officers.</description>
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      <description>Conditions for claiming a branch audit exemption require that the company permit the person employed to audit the branch full access to branch books, accounts and vouchers and provide information and explanations; that person must prepare and forward an annual report on the branch accounts to the company&#039;s auditor while the exemption is in force; and the company must attach to each balance sheet a certificate that no material change has occurred in the arrangements for auditing the branch accounts, signed by specified officers.</description>
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