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10. Annual renewal of recognition as eligible auditor

(1) Each eligible auditor shall send to the Registrar each year (in electronic form prescribed by the Registrar from time to time) an application for renewal of recognition as an eligible auditor.
(2) Each person applying for renewal of recognition as an eligible auditor pursuant to these Rules shall provide such other information as the Registrar may require to demonstrate such applicant's continued eligibility and suitability to be an eligible auditor.
(3) Each eligible auditors shall pay the prescribed renewal fee of US$1,200 (or such other amount as may be set by the Registrar from time to time).