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Changes over time for: Cross Heading: Resignation of auditors


Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 17/08/2001
Status:
Point in time view as at 01/01/1994.
Changes to legislation:
There are currently no known outstanding effects for the Friendly Societies Act 1992, Cross Heading: Resignation of auditors.

Changes to Legislation
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Resignation of auditorsU.K.
12(1)An auditor of a friendly society or registered branch may resign his office by depositing a notice in writing to that effect at the society’s registered office.
(2)The notice is not effective unless it is accompanied by the statement required by paragraph 14 below.
(3)An effective notice of resignation operates to bring the auditor’s term of office to an end as of the date on which the notice is deposited or on such later date as may be specified in it.
(4)The society or branch shall within 14 days of the deposit of a notice of resignation send a copy of the notice to the central office.
(5)If default is made in complying with sub-paragraph (4) above, the society or branch is guilty of an offence and liable—
(a)on conviction on indictment, to a fine; and
(b)on summary conviction, to a fine not exceeding the statutory maximum and in the case of a continuing offence, to an additional fine not exceeding one-tenth of the statutory maximum for every day during which the offence continues.
Yn ôl i’r brig