Section 133

(1)

An operator of a collective investment scheme must

(a}

notify the Authority of the appointment of an auditor to the collective investment scheme, including the name and business address of the auditor and the date of the commencement of the appointment;

(b} prior to the appointment of the auditor, take reasonable steps to ensure that the auditor has the required skills, resources and experience to audit the type of collective investment scheme for which the auditor has been appointed; and

(c}

ensure that the auditor, at the time of appointment and for the duration of the engagement as auditor of the collective investment scheme, is an authorised auditor regulated under any written laws of Brunei

Darussalam.