(1)

The Auditor must be a member of a body of accountants established in the United Kingdom and for the time being recognised for the purposes of paragraph (a) of sub-section (1) of section 161 of the Companies Act, 1948, or any statutory modification or re-enactment thereof for the time being in force.

(2)

No person will be appointed Auditor who is, or any one of whose partners is, a member of the Council or the staff of the University.

(3)

The Auditor will hold office for such period and shall receive such remuneration as may be determined by the Council, and will be eligible for reappointment.

(4)

The Auditor shall have a right of access at all reasonable times to the books, records, accounts and vouchers of the University and will be entitled to require from the officers of the University such information and explanations as may be necessary.

(5)

The Auditor will submit a written report to the Council at least once in each year.

(6)

The Auditor may resign in writing addressed to the Council.