AUDIT REMUNERATION
First and foremost whoever appoints him fixes his remuneration and its
negotiable sec. 361 (1). The remuneration of the auditor of a company is fixed
as follows:
a) In the case of an auditor appointed by the directors may be fixed by the
directors or
b) Shall subject to the foregoing paragraph be fixed by the company in
general meeting such a manner as the company in general meeting may determine.
361 (2) for the purpose of subsection
(7) of this section remuneration include sums paid by me company in respect of
the auditor's expenses.
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