(1) Statutory auditors of a company may, by a notice in writing that complies with subsection (3) served on the company and stating their intention to do so, resign from the office of statutory auditors to the company.
(2) The resignation shall take effect on the date on which the notice is so served or on such later date as may be specified in the notice.
(3) A notice under subsection (1) shall contain either -
(a) a statement to the effect that there are no circumstances connected with the resignation to which it relates that the statutory auditors concerned consider should be brought to the notice of the members or creditors of the company, or
(b) a statement of any such circumstances as mentioned in paragraph (a).
(4) Where a notice under subsection (1) is served on a company -
(a) the statutory auditors concerned shall, within 14 days after the date of such service, send a copy of the notice to the Registrar, and
(b) subject to subsection (5), the company shall, if the notice cont
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