(1) The Independent Supervisor may issue -
(a) a notice (a "suspension notice") suspending an Auditor General's eligibility for appointment as a statutory auditor in relation to all persons, or any specified person or persons, indefinitely or until a date specified in the notice;
(b) a notice amending or revoking a suspension notice previously issued to an Auditor General.
(2) In determining whether it is appropriate to issue a notice under subsection (1), the Independent Supervisor must have regard to -
(a) the Auditor General's performance of the obligations imposed on him by or by virtue of this Part, and
(b) the Auditor General's performance of his functions as a statutory auditor.
(3) A notice under subsection (1) must -
(a) be in writing, and
(b) state the date on which it takes effect (which must be after the period of three months beginning with the date on which it is issued).
(4) Before issuing a notice under subsection (1), the Independent Supervisor must -
(a) give written
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