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Past version: effective from Oct 1 2010 - Sep 30 2012.
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Article 217(c) prohibits an auditor from (i) being the chairman or a member of the Board of DirectorsG of the licenseeG he/she audits; (ii) holding any managerial position in the licenseeG he/she audits; and (iii) acquiring any shares in the licenseeG he/she audits, or selling any such shares he/she may already own, during the period of his audit. Furthermore, the auditor must not be a relative (up to the second degree) of a person assuming management or accounting duties in the licensee.

October 2010
(2 Versions)
Oct 1 2010 - Sep 30 2012Oct 1 2012 onwards
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