C6C5C8C4C10C9C7C11C3Part 16Audit

Annotations:
Modifications etc. (not altering text)
C6

Pt. 16 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 162, 163 (with reg. 189)

C4

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

F2Chapter 4Removal, resignation, etc of auditors

Annotations:

Removal of auditor

C2510C1Resolution removing auditor from office

1

The members of a company may remove an auditor from office at any time.

2

This power is exercisable only—

a

by ordinary resolution at a meeting, and

b

in accordance with section 511 (special notice of resolution to remove auditor).

3

Nothing in this section is to be taken as depriving the person removed of compensation or damages payable to him in respect of the termination—

a

of his appointment as auditor, or

b

of any appointment terminating with that as auditor.

F14

An auditor may not be removed from office before the expiration of his term of office except—

a

by resolution under this section, or

b

in accordance with section 511A.