[(1) This section applies to the appointment under section 485(4) of an auditor or auditors of a private company—
(a) which is also a public interest entity; and
(b) which has an audit committee.
(2) But it does not apply to the appointment of an Auditor General as auditor or one of the auditors of the company.
(3) Before an appointment to which this section applies is made—
(a) the audit committee of the company must make a recommendation to the directors in connection with the
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