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Auditing Profession Act, 2005 (Act No. 26 of 2005

Chapter II : Independent Regulatory Board for Auditors

Part 1 : Establishment and legal status of Regulatory Board

3. Establishment and legal status

 

(1) The Independent Regulatory Board for Auditors is hereby established, and—
(a) is a juristic person; and
(b) must exercise its functions in accordance with this Act and any other relevant law.

 

(2) The Regulatory Board is subject to the Constitution and the law, specifically, the Public Finance Management Act.