Section 208: Duties of auditor towards debenture holder’s representative

208. Duties of auditor towards debenture holder’s representative (1) The auditor of a borrowing company shall, within 7 days after furnishing the company with any financial statements or any report, certificate or other document which the auditor is required by this Act or by the agency deed to give to the company, send a copy to every debenture holder’s representative. (2) Where in the performance of the auditor’s duties as auditor of a borrowing company, the auditor becomes aware of any matter which is in the auditor’s opinion relevant to the exercise of the powers and duties imposed by this Act or by any agency deed on any debenture holder’s representative, the auditor shall, within 7 days after becoming aware of the matter, send a report in writing of such matter to the borrowing company and a copy to the representative. (3) The auditor of a borrowing company shall at the request of the debenture holder’s representative, furnish to the representative such further information relating to the borrowing company as are within the auditor’s knowledge and which, in the opinion of the auditor, are relevant to the exercise of the powers or duties conferred or imposed on the representative by this Act or by the agency deed.