(1)The following provisions of Chapter III of Part I of this Act apply to an employers' association as in relation to a trade union—
section 27 (duty to supply copy of rules),
section 28 (duty to keep accounting records),
sections 32 to 37 (annual return, accounts and audit),
sections 38 to 42 (members' superannuation schemes),
section 43(1) (exemption for newly-formed organisations),
section 44(1),(2) and (4) (discharge of duties in case of organisation having branches or sections), and
section 45 (offences).
(2)Sections 33 to 35 (appointment and removal of auditors) do not apply to an employers' association which is registered as a company under the [1985 c. 6.] Companies Act 1985; and sections 36 and 37 (rights and duties of auditors) apply to the auditors appointed by such an association under Chapter V of Part XI of that Act.