Co-operative and Community Benefit Societies Act 2014

93 Re-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.