Insurance (Amendment) Act, 1938
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Appointment of auditors by the Permanent Company. |
16.—Notwithstanding anything contained in section 112 of the Companies (Consolidation) Act, 1908 , a person shall not, so long as the Minister for Finance holds any of the B shares of the Terminating Company, be appointed to be an auditor of the, Permanent Company unless the approval of the Minister for Industry and Commerce has previously been obtained to the appointment of such person to that office. |