C6C5C8C4C10C9C7C3Part 16Audit

Annotations:
Modifications etc. (not altering text)
C6

Pt. 16 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 162, 163 (with reg. 189)

C4

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C4Chapter 2Appointment of auditors

General provisions

C1C2492Fixing of auditor's remuneration

1

The remuneration of an auditor appointed by the members of a company must be fixed by the members by ordinary resolution or in such manner as the members may by ordinary resolution determine.

2

The remuneration of an auditor appointed by the directors of a company must be fixed by the directors.

3

The remuneration of an auditor appointed by the Secretary of State must be fixed by the Secretary of State.

4

For the purposes of this section “remuneration” includes sums paid in respect of expenses.

5

This section applies in relation to benefits in kind as to payments of money.