[485B Appointment of auditors of private company: additional requirements for public interest entities without audit committees]
[485B Appointment of auditors of private company: additional requirements for public interest entities without audit committees]
Companies Act 2006 | Legislation

[(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 does not have 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 the directors must propose an auditor or auditors for appointment.