Auditing Profession Act, 2005 (Act No. 26 of 2005)Chapter II : Independent Regulatory Board for AuditorsPart 2 : Functions of Regulatory Board8. Functions with regard to fees and charges |
| (1) | The Regulatory Board must prescribe— |
| (a) | accreditation, registration, registration renewal and re-registration fees; |
| (b) | annual fees, or a portion thereof in respect of a part of a year; |
| (c) | the date on which any fee is payable; and |
| (d) | the fees payable in respect of any examination referred to in section 37, conducted by an accredited professional body or the Regulatory Board. |
| (2) | The Regulatory Board may prescribe— |
| (a) | any fees payable for the purposes of the education fund referred to in section 7(2); |
| (b) | fees payable for an inspection or review undertaken by the Regulatory Board in terms of section 47; and |
| (c) | fees payable for any other service rendered by the Regulatory Board. |
| (3) | The Regulatory Board may grant exemption from payment of any fees referred to subsection (1) or (2). |