9‑17 Fit and proper person test9‑17 Fit and proper person test

9‑17 Fit and proper person test

Fit and proper person test (1) For the purposes of paragraph 372(1)(d) of the Act, the following provisions of this instrument are prescribed: (a) section 9‑9 (decision to approve an individual to conduct audits); (b) section 9‑15 (decision to revoke an approval of an individual to conduct audits). (2) For the purposes of subparagraph 372(2)(e)(v) of the Act, section 9‑8 of this instrument (application by individual for approval to conduct audits) is prescribed. (3) For the purposes of paragraph 372(4)(b) of the Act, an approved auditor is prescribed. Notification of conviction of offence or order to pay pecuniary penalty (4) For the purposes of paragraph 374(1)(g) of the Act, an approved auditor is prescribed.