74. Duties of an auditor of a market institution

any matter which, in his opinion, adversely affects or may adversely affect the financial position of the market institution, to a material extent;

any matter which, in his opinion, constitutes or may constitute a breach of any provision of this Act, regulations, rules or directives made thereunder or an offence involving fraud or dishonesty affecting the financial stability of the market institution to a material extent; or

any irregularity that has or may have a material effect on the accounts of the market institution, including any irregularity that adversely affects or may adversely affect, the funds or property of investors in securities, the auditor shall immediately send to the board of directors a written report of the matter or the irregularity with a copy to the Commission.

a duty to submit such additional information and reports in relation to his audit as the Commission considers necessary;

a duty to enlarge, extend or alter the scope of his audit of the business and affairs of the market institution;

a duty to carry out any other examination or establish any procedure in any particular case; or

a duty to submit a report on any matter arising out of his audit, examination or establishment of procedure referred to in paragraph (b) or (c), and the auditor shall carry out such duties, as an extension to his ordinary audit scope for issuing an independent opinion on the financial statements.