Article 68 - Appointment and removal of auditor

(1) A Limited Partnership shall appoint one or more auditors or a firm of auditors, who shall examine and report on the Limited Partnership's accounts in accordance with these Regulations.
(2) No person shall be appointed as auditor of a Limited Partnership who is an employee or a Partner of that Limited Partnership or who is a Partner, employer or employee of any such employee or Partner.
(3) The Partners of a Limited Partnership shall appoint the auditor of that Limited Partnership from time to time.
(4) Where for any reason no auditor is appointed, the CRO may, on the application of any Partner, appoint one or more auditors to hold office.
(5) Notwithstanding any agreement but without prejudice to the auditor's rights to compensation or damages, any auditor of a Limited Partnership may be removed by the Partners.
(6) The Limited Partnership shall as soon as reasonably practicable and in any event not later than five days after the removal of the auditor in accordance with Article 68(5), file a notice of removal with the CRO and if an Authorised Firm with the Regulatory Authority.