(1) An auditor of a reporting unit may resign by giving written notice to the reporting unit.
(2) The resignation takes effect on the day specified in the notice or, if no day is specified, the day that the notice is given to the reporting unit.
(3) If the auditor requests the reporting unit to allow the auditor to explain his or her reasons for resigning, the reporting unit must either:
(a) distribute to the members of the reporting unit written reasons for resignation prepared by the auditor; or
(b) give the auditor the opportunity to explain his or her reasons to a general meeting of the reporting unit.
The committee of management of the reporting unit may choose which method is used.
Civil penalty: 200 penalty units.