5. In section 5 (re-appointment and removal of auditors) M1—U.K.
(a)in subsection (1), at the end of paragraph (d) insert—
“, or
(e)he was appointed by the committee, or
(f)the society's rules require actual re-appointment, or
(g)the re-appointment is prevented by the members under section 5A”.
(b)after subsection (2) insert—
“(3) A person who is not automatically re-appointed as auditor by virtue of subsection (1)(e) of this subsection may be re-appointed by the committee for the current year of account and for any subsequent year of account commencing before the next general meeting of the society. However, he may only be re-appointed for any year of account commencing on or after the date of that general meeting by a resolution of the society at that meeting.”.
Marginal Citations
M1Section 5 was amended by S.I. 1996/1738, article 9(6).