Accounts, audit and auditors
E1C137 Restrictions on appointment of auditors.
1
None of the following persons may be appointed as auditor of a registered society or branch, that is to say,—
a
an officer or servant of the society or branch; or
b
a person who is a partner of, or in the employment of, or who employs, an officer or servant of the society or branch; or
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3
Any appointment made by a registered society or branch in contravention of this section shall not be an effective appointment for the purposes of this Act.
4
References in subsection (1) above to an officer or servant shall be construed as not including an auditor.