Bermuda Monetary Authority Amendment Act 1993

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1993/Acts/Bermuda%20Monetary%20Authority%20Amendment%20Act%201993.pdf

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Bermuda Monetary Authority Amendment Act 1993
The Laws of Bermuda
Annual Volume of Public Acts 1993 : 32

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BERMUDA
1993 : 32

BERMUDA MONETARY AUTHORITY AMENDMENT ACT 1993

[Date of Assent 7 July 1993]

[Operative Date 7 July 1993]

WHEREAS it is expedient to amend the Bermuda Monetary
Authority Act 1969.

Be it enacted by The Queen's Most Excellent Majesty, by and
with the advice and consent of the Senate and the House of Assembly of
Bermuda, and by the authority of the same, as follows:

Short title
1 This Act which amends the Bermuda Monetary Authority Act
1969 may be cited as the Bermuda Monetary Authority Amendment Act
1993.

Inserts new section 33A
2 The Bermuda Monetary Authority Act 1969 is amended by
inserting immediately after section 33 the following section:

"Communication by auditor with Authority
33A No auditor of a financial institution is in breach of any
duty to which he is subject as auditor of that institution by
reason of his communicating in good faith to the Authority,
whether or not in response to a request made by it, any
information or opinion on any matter of which he becomes aware
in his capacity as auditor of that institution and which relates to
the business or affairs of that institution.".

BERMUDA MONETARY AUTHORITY AMENDMENT ACT 1993

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