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eligible for appointment as an external auditor for a licensed financial institution or a licensed financial holding company.

(9) Any person appointed as an external auditor who shall, after an appointment, acquire any interest in a licensed financial institution or a licensed financial holding company otherwise than as a depositor, or become a director, officer, secretary, employee or agent of a licensed financial institution or a licensed financial holding company shall immediately cease to be an external auditor. 61. (1) The external auditor shall conduct its audit consistent with internationally- accepted auditing standards. Duties of external auditor examining the books and records and reporting on the annual financial statements which comprise (i). the statement of financial position, statement of changes in equity, statement of comprehensive income, statement of cash flows; and a summary of significant accounting policies and other explanatory notes on both a solo and consolidated basis if applicable, and in every report the auditor shall state whether in the external auditor’s opinion the financial statements present fairly in all material respects the financial position of the licensed financial institution or licensed financial holding company and of its financial performance and its cash flows for the year then ended; and (b) all or any of the following duties as may from time to time be required by the Central Bank: (i) submission of additional information in relation to the audit of (ii). (2) The duties of an external auditor shall include: (a)

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