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Agricultural Land Trust auditor resigns

PricewaterhouseCoopers resigned as the compliance plan auditor of Agricultural Land Trust, in keeping with a corporate governance rotation policy.

The Australia-based landlord is proposing to appoint Ernst & Young as a replacement. PricewaterhouseCoopers' departure would also bring the company cost savings, according to a release.

The Australian Securities and Investment Commission has given its approval for the outgoing auditor's resignation.