[F19. In section 93 (re-appointment and removal of qualified auditors)—U.K.
(a)in subsection (2)—
(i)at the end of paragraph (a) insert “or”;
(ii)omit paragraph (c) and the “or” preceding it;
(b)in subsection (3)—
(i)in the introductory words, omit “the auditor”;
(ii)at the beginning of each of paragraphs (a) and (c), insert “the auditor”;
(iii)for paragraph (b) substitute—
“(b)the auditor is ineligible for appointment for the current year of account;”;
(iv)after paragraph (c) insert—
“(d)the auditor was appointed by the committee,
(e)the society’s rules require actual re-appointment, or
(f)the re-appointment is prevented by the members under section 93A.”;
(c)in subsection (4)(b)(ii), for “ineligible for appointment” substitute “not a qualified auditor”;
(d)omit subsection (5);
(e)at the end insert—
“(6) A person who is not automatically re-appointed as auditor by virtue of subsection (3)(d) of this section 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.”.]
Textual Amendments
F1Sch. 1 substituted (with effect in accordance with reg. 2(4) of the amending S.I.) by The Statutory Auditors Regulations 2017 (S.I. 2017/1164), reg. 1(2)(3), Sch. 2 para. 15 (with reg. 2(6)(7))