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Deposit Takers Act 2023

Crisis management and resolution - Conduct of resolution - Auditors

343: Auditor’s fees

You could also call this:

"Paying the auditor's fee"

Illustration for Deposit Takers Act 2023

You need to pay an auditor a fee when they do their job. The Bank decides how much the auditor gets paid. You can find out more about this by looking at the old law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS536642.

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Topics:
Money and consumer rights > Banking and loansBusiness > Industry rules
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342: Bank may remove auditor from office, or

"The bank can fire an auditor if they do a bad job or behave badly."

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344: Auditor’s rights, or

"Auditors can see all information and get help from deposit takers to do their job."

Part 7Crisis management and resolution
Conduct of resolution: Auditors

343Auditor’s fees

  1. An auditor must be paid the fees that are fixed by the Bank.

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