(1) Every agency must appoint an auditor to audit the agency's trust accounts.
(2) Every agency must, without delay, appoint another auditor if the auditor engaged under subclause (1)—
(a) is or becomes disqualified from being an auditor under these regulations:
(b) does not, for any reason, commence his or her role as auditor:
(c) dies, retires, or otherwise ceases to be engaged as an auditor for the agency.