Version Superseded: 01/09/1994
Point in time view as at 01/01/1994.
There are currently no known outstanding effects for the Friendly Societies Act 1992, Paragraph 4.
4(1)Subject to paragraph 7 below, a person is eligible for appointment as the auditor of a friendly society or registered branch only if he—U.K.
(a)is a member of a recognised supervisory body; and
(b)is not ineligible for the appointment under the rules of that body.
(2)An individual or a firm may be appointed as auditor of a friendly society or registered branch.
(3)In this Schedule—
“firm” means a body corporate or a partnership; and
“recognised supervisory body” means a body which is a recognised supervisory body for the purposes of Part II of the M1Companies Act 1989 or Part III of the M2Companies (Northern Ireland) Order 1990.
Commencement Information
I1Sch. 14 para. 4 wholly in force; Sch. 14 para. 4 not in force at Royal Assent see s. 126(2); Sch. 14 para. 4 in force for certain purposes at 13.1.1993 by S.I. 1993/16, art. 2, Sch. 1; Sch. 14 para. 4 in force to the extent not already in force at 1.1.1994 by S.I. 1993/2213, art. 2(1), Sch. 5
Marginal Citations
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