42Qualification of auditors

42 Qualification of auditors A licensed dealer shall not engage a person as auditor or permit his or her accounting and other records relating to trust money to be audited by a person— (a) who is not a registered company auditor within the meaning of the Corporations Act; or (b) who is an employee of, or is the domestic partner of, the licensed dealer; or Note For the meaning of domestic partner, see Legislation Act, s 169. (c) who is an employee of any other licensed dealer; or

(d) who is engaged in keeping and entering those records or has those records in his or her custody or control; or (e) who is also a licensed dealer; or (f) who is an officer or employee of a corporation that is a licensed dealer.