(b) The authorized list shall be in two parts: Part I thereof shall contain the names of all persons author- ized to audit accounts kept in English and Part II the names of all persons authorized to audit accounts kept in Chinese: Provided that nothing herein shall be construed so as to prohibit the inclusion of a name both in Pari I and Part II of the authorized list.
(c) The Registrar shall publish the authorized list annually in the Gaselle and shall from time to time publish in the Gazelle the names of persons added to or erased from the authorized list.
W
(d) Where the accounts of a company are kept in English, no person shall be appointed auditor unless his name appears in Part I of the authorized list, and where the accounts of a company are kept in Chinese, no person shall be appointed auditor unless his name appears in Part 11 of the authorized list. Every company which keeps its accounts partly in English and partly in Chinese shall have its accounts audited as to that part which is kept in English by a person whose name appears in Part I of the author- ized list and as to that part which is kept in Chinese by a person whose name appears in Part II of the authorized list : Provided that nothing herein shall be deemed to require a second auditor for the daily summary in the English language referred to in the proviso in subsection (1) of section 121.
(e) The name of every person who at the date of the enactment of this subsection was authorized by the Governor in Council to perform the duties required by this Ordinance to be performed by an auditor shall be entered in Part I or Part 11 as the case may be of the authorized list.
() The Registrar shall of his own motion remove from the authorized list the name of any auditor who dies or who permanently leaves the Colony or ceases to perform the duties required by this Ordinance to be performed by an auditor."
3. The following sections shall be added immediately after Addition section 131-
“Authorized Auditore Board.
Duties of the Board.
131A. (1) There shall be an Authorized Auditors Board (hereinafter referred to as "the Board") which shall consist of the Registrar, the Accountant General, a Legal Adviser who shall be a barrister or solicitor practising in the Colony and six other members appointed by the Governor of whom five shall be Authorized Auditors. Such members shall hold office for two years and may be removed or reappointed by the Governor at his pleasure. The Registrar shall be Chairman of the Board but in the absence of the Chairman from any meeting of the Board the members present shall appoint a Chairman from among them- selves. The Chairman shall have a casting vote.
(2) On the inability to act or absence from the Colony of any member of the Board the Governor may appoint a suitable person temporarily or otherwise to Glt the vacancy so caused.
(3) Five members of the Board shall form a quoruni: Provided that for the purposes of an inquiry under subsection (2) of section 1318 three members of the Board shall form a quorum.
131B. (1) It shall be the duty of the Board to inquire into the question whether any person desirous of performing the duties required by this Ordinance to be performed by an auditor is by reason of his professional qualifications, experience and competency and by reason of his character and reputation in all respects fit and suitable and to direct the entry in Part I or Part II of the authorized list of any person found by it to be fit and suitable after such inquiry,
(a) It shall also be the duty of the Board to inquire into all cases in which it is alleged that an auditor whose name appears in Part I or Part 11 of the authorized list has-
of new sections 131A-1311 to Cap. 32.