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Prospective
16(1)Section 516 (resignation of auditor) is amended as follows.E+W+S
(2)In subsection (1), for the words from “depositing” to the end of the subsection substitute “ sending a notice to that effect to the company ”.
(3)In subsection (3), for “deposited” substitute “ received ”.
17(1)Section 518 (rights of resigning auditor) is amended as follows.E+W+S
(2)In subsection (2)—
(a)for “deposit” substitute “ send ”;
(b)for “a signed” substitute “ an authenticated ”.
(3)In subsection (5), for “of the deposit of” substitute “ on which the company receives ”.
18(1)Section 519 (statement by auditor to be deposited with company) is amended as follows.E+W+S
(2)In subsection (4), for “deposited” substitute “ sent ”.
(3)In the heading, for “deposited with” substitute “ sent to ”.
19E+W+SIn section 520(2) (company's duties in relation to statement), for “deposit” substitute “ receipt ”.
20E+W+SIn section 521(1) (copy of statement to be sent to registrar), for “deposited” substitute “ sent ”.