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Section 21: Enforcement Panel

Financial Reporting Act · PART II: ESTABLISHMENT OF FINANCIAL REPORTING COUNCIL

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

21. Enforcement Panel (1) The Enforcement Panel shall consider any findings and recommendations referred to it by the Financial Reporting Monitoring Panel, the Audit Practice Review Panel, or the Council and shall, on the basis of the findings and recommendations, determine the appropriate action to be taken. (2) The Enforcement Panel shall, within 15 days of the receipt of the findings and recommendations referred to in subsection (1), notify the public interest entity, the licensed auditor or audit firm, as the case may be, of its decision.

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