12. For the purposes of section 206(1A) of the Act, a review of the fees, expenses and emoluments of an auditor of a public company shall be undertaken if the total amount of the fees paid to the auditor for non-audit services in any financial year of the company exceeds 50% of the total amount of the fees paid to the auditor in that financial year.
[S 137/2004 wef 01/04/2004]
Prescribed nominal sum under section 205B(3)(fb) of Act
13. For the purposes of section 205B(3)(fb) of the Act, the amount prescribed is $5,000.