6.1. Powers of Registrar of Companies

The Registrar of Companies must act only on the express instructions of the AFSA in the exercise of its powers and the making of any decision under Section 134(4) or 136(6) of the Companies Regulations.

Guidance

(1) Section 134(4) of the Companies Regulations permits the Registrar of Companies to grant or refuse to grant an application for registration as an auditor, and impose any restrictions or conditions on granting registration.

(2) Section 136(6) of the Companies Regulations permits the Registrar of Companies to, on its own initiative or at the request of the Auditor, impose or vary restrictions or conditions on an Auditor's registration, or suspend or withdraw the Auditor's resignation.