The Friendly Societies Act 1992 (Accounts, Audit and EEA State Amendments) Order 2008

Article 9

SCHEDULE 2 Consequential amendments of the 1992 Act

1.  The 1992 Act is amended as follows.

2.  In section 73 (auditors’ report)(1)—

(a) in subsection (1)—

(i) for “auditors” substitute “auditor”;

(ii) for “their” substitute “his”;

(b) in subsection (2)—

(i) in the opening words—

(aa) for “auditors” substitute “auditor”;

(bb) for “their” substitute “his”;

(cc) for “them” substitute “him”;

(ii) in the closing words—

(aa) for “auditors are” substitute “auditor is”;

(bb) for “they” substitute “he”;

(cc) for “their” substitute “his”;

(c) in subsection (3)—

(i) for “auditors fail” substitute “auditor fails”;

(ii) for “their” substitute “his”, in each place where it occurs;

(iii) for “they” substitute “he”;

(d) in subsection (4A)—

(i) in the opening words, for “auditors shall, in their” substitute “auditor shall, in his”;

(ii) in paragraphs (a) and (b), for “their opinion” substitute “his opinion” in each place where it occurs;

(e) in subsection (5A), for “auditors shall, in their” substitute “auditor shall, in his”;

(f) in subsection (5B)—

(i) for “auditors shall, in their” substitute “auditor shall, in his”;

(ii) for “auditors’ opinion” substitute “auditor’s opinion”;

(g) in subsection (5C), for “auditors shall, in their” substitute “auditor shall, in his”;

(h) in subsection (5D)—

(i) for “auditors’ report” substitute “auditor’s report”;

(ii) in paragraph (b), for “auditors wish” substitute “auditor wishes”;

(i) in the heading, for “Auditors’ report” substitute “Auditor’s report”.

3.  In section 75 (auditors’ rights to information and to attend meetings)—

(a) in subsection (1)—

(i) in the opening words, for “auditors of a friendly society are” substitute “auditor of a friendly society is”;

(ii) in paragraph (b), for the words from “as they” to the end substitute “as he thinks necessary for the performance of his duties as auditor”;

(iii) in paragraph (d), for “them as auditors” substitute “him as auditor”;

(iv) in the closing words, for “auditors of a registered branch have” substitute “auditor of a registered branch has”;

(b) in subsection (3)—

(i) in the opening words, for “auditors” substitute “auditor”;

(ii) in paragraph (a), for “auditors require, or are entitled to require, as auditors” substitute “auditor requires, or is entitled to require, as auditor”;

(c) in subsection (4)—

(i) in the opening words, for “auditors” substitute “auditor”;

(ii) in paragraph (a), for “auditors require, or are entitled to require, as auditors”, substitute “auditor requires, or is entitled to require, as auditor”;

(d) in subsection (6), in the closing words—

(i) for “the auditors” substitute “the auditor”, in both places where it occurs;

(ii) for “those auditors” substitute “that auditor”;

(iii) for “their duties as auditors” substitute “his duties as auditor”;

(e) in subsection (8)—

(i) for “its auditors” substitute “its auditor”;

(ii) for “they” substitute “he”;

(iii) for “their duties of auditors” substitute “his duties as auditor”;

(f) in the heading, for “Auditors’ rights” substitute “Auditor’s rights”.

4.  In section 78 (laying and furnishing of accounts and reports)(2), in subsections (1)(a), (2)(a), (3)(a) and (4)(a), for “auditors’ report” substitute “auditor’s report”, in each place where it occurs.

5.  In Schedule 14 (auditors: appointment etc)—

(a) in paragraph 1(1)—

(i) for “first auditors” substitute “first auditor”;

(ii) for “and auditors” substitute “and an auditor”;

(b) in paragraph 3(1), for “auditors are” substitute “auditor is”;

(c) in paragraph 16, in sub-paragraphs (1) and (2), for “auditors” substitute “auditor”, in both places where it occurs.

(1)

Section 73, subsections (4A) to (5D), were substituted for subsections (4) and (5), as originally enacted, by S.I. 2005/2211.

(2)

Section 78, subsections (1) and (2), were substituted by S.I. 2001/2167.