South African Reserve Bank Act, 1989 (Act No. 90 of 1989)Regulations Relating to the South African Reserve BankChapter VII : Accounting and Audit22. Appointment of auditors |
| 22.1 | At every ordinary general meeting, the shareholders shall— |
| (a) | appoint at least two firms of auditors registered under the Auditing Profession Act, 2005 (Act No. 26 of 2005); |
| (b) | approve the remuneration of the auditors on recommendation of the Board. |
| 22.2 | If an ordinary general meeting fails to appoint auditors, the Board shall, within 30 days of that meeting, appoint a firm or firms to fill any vacancy. |