No. S 137
Companies (Amendment) Regulations 2004
2. The Companies Regulations (Rg 1) are amended by inserting, immediately after regulation 11, the following Part:
12. For the purposes of section 206(1A) of the Act, a review of the fees, expenses and emoluments of an auditor of a public company shall be undertaken if the total amount of the fees paid to the auditor for non-audit services in any financial year of the company exceeds 50% of the total amount of the fees paid to the auditor in that financial year.”.
3. Regulation 89 of the Companies Regulations is deleted and the following regulation substituted therefor:
4. The Second Schedule to the Companies Regulations is amended by deleting Forms 45 and 45A and substituting the following Forms:
[G.N. Nos. S 445/93; S 2/96; S 245/97; S 561/98; S 27/2001; S 314/2001; S 27/2002; S 237/2002; S 354/2002; S 16/2003; S 236/2003; S 260/2003]
[F14.1.0032 V12; AG/LEG/SL/50/2002/1 Vol. 6]