56Ceasing to be auditor or actuary

56 Ceasing to be auditor or actuary (1) A person ceases to be the auditor or actuary of an approved scheme if: (a) the approval of the person's appointment is revoked under regulation 55; or (b) the person resigns the appointment by written notice to the trustees of the scheme; or (c) the trustees terminate the appointment by written notice to the person. (2) Within 14 days after the day on which a person ceases to be the auditor or actuary as mentioned in subregulation (1)(b) or (c), the trustees must give the Minister written notice of the cessation specifying: (a) the date of cessation; and (b) the reasons for, or circumstances of, the cessation. Division 2 Special actuaries