sec.572Criteria for decision

### sec.572 Criteria for decision In deciding the application, the chief executive must consider— the application; and whether the applicant— has qualifications and experience relevant to performing the functions of an auditor; and is a member of an organisation prescribed under a regulation; and has demonstrated knowledge of— the Act ; and another Act the chief executive considers is relevant to performing the functions of an auditor; and has professional indemnity insurance; and has committed an offence under this Act; and has committed an offence under another Act involving misleading or fraudulent conduct; and has been appointed or approved as an auditor under a corresponding law. s 572 prev s 572 ins 2000 No. 64 s 46 amd 2007 No. 39 s 41 sch om 2011 No. 6 s 92 pres s 572 ins 2012 No. 16 s 58 - (a) the application; and - (b) whether the applicant— (i) has qualifications and experience relevant to performing the functions of an auditor; and (ii) is a member of an organisation prescribed under a regulation; and (iii) has demonstrated knowledge of— (A) the Act ; and (B) another Act the chief executive considers is relevant to performing the functions of an auditor; and (iv) has professional indemnity insurance; and (v) has committed an offence under this Act; and (vi) has committed an offence under another Act involving misleading or fraudulent conduct; and (vii) has been appointed or approved as an auditor under a corresponding law. - (i) has qualifications and experience relevant to performing the functions of an auditor; and - (ii) is a member of an organisation prescribed under a regulation; and - (iii) has demonstrated knowledge of— (A) the Act ; and (B) another Act the chief executive considers is relevant to performing the functions of an auditor; and - (A) the Act ; and - (B) another Act the chief executive considers is relevant to performing the functions of an auditor; and - (iv) has professional indemnity insurance; and - (v) has committed an offence under this Act; and - (vi) has committed an offence under another Act involving misleading or fraudulent conduct; and - (vii) has been appointed or approved as an auditor under a corresponding law. - (i) has qualifications and experience relevant to performing the functions of an auditor; and - (ii) is a member of an organisation prescribed under a regulation; and - (iii) has demonstrated knowledge of— (A) the Act ; and (B) another Act the chief executive considers is relevant to performing the functions of an auditor; and - (A) the Act ; and - (B) another Act the chief executive considers is relevant to performing the functions of an auditor; and - (iv) has professional indemnity insurance; and - (v) has committed an offence under this Act; and - (vi) has committed an offence under another Act involving misleading or fraudulent conduct; and - (vii) has been appointed or approved as an auditor under a corresponding law. - (A) the Act ; and - (B) another Act the chief executive considers is relevant to performing the functions of an auditor; and