Part 7Accounts, audit and annual returns
Auditors
93Re-appointment and removal of qualified auditors
1
A qualified auditor appointed to audit a registered society's accounts and balance sheet for the preceding year of account (“the existing auditor”) is re-appointed as the society's auditor for the current year of account.
This is subject to the following provisions of this section.
2
The existing auditor is not re-appointed if a resolution is passed at a general meeting of the society—
a
appointing another person instead of the existing auditor,
b
providing expressly that the existing auditor is not to be re-appointed, or
c
disapplying section 83 (duty to appoint auditors) in relation to the current year of account.
3
The existing auditor is not re-appointed if the auditor—
a
has given the society notice in writing of the auditor's unwillingness to be appointed,
b
is ineligible for appointment for the current year of account (see subsection (5)), or
c
has ceased to act as the society's auditor by reason of incapacity.
4
The existing auditor is not automatically re-appointed by virtue of subsection (1) if—
a
notice is given of a resolution to appoint a person in place of the existing auditor, and
b
the resolution cannot be proceeded with at the meeting—
i
because of the death or incapacity of the person, or
ii
because the person is ineligible for appointment for the current year of account.
5
For the purposes of this section a person is ineligible for appointment for the current year of account if—
a
the person's appointment in relation to the society is prohibited by section 92, or
b
the person is not a qualified auditor at the time when the question of the person's appointment falls to be considered, and the society is not a small society in respect of that year.