384 Duty to appoint auditors. E+W+S
(1)Every company shall appoint an auditor or auditors in accordance with this Chapter.
This is subject to section 388A ([F1certain companies] exempt from obligation to appoint auditors).
(2)Auditors shall be appointed in accordance with section 385 (appointment at general meeting at which accounts are laid), except in the case of a private company which has elected to dispense with the laying of accounts in which case the appointment shall be made in accordance with section 385A.
(3)References in this Chapter to the end of the time for appointing auditors are to the end of the time within which an appointment must be made under section 385(2) or 385A(2), according to whichever of those sections applies.
(4)Sections 385 and 385A have effect subject to section 386 under which a private company may elect to dispense with the obligation to appoint auditors annually.
Textual Amendments
F1Words in s. 384(1) substituted (11.8.1994) by S.I. 1994/1935, reg. 4, Sch. 1 Pt.I para. 4
Modifications etc. (not altering text)
C1S. 384 applied with modifications by S.I. 1985/680, regs. 4, 6, Sch.
C2S. 384 applied (with modifications) (6.4.2001) by S.I. 2001/1090, reg. 4, Sch. 2 Pt. I