Co-Operative Societies Act · 2015 Revised Edition · Part VI · Audit, Inspection and Inquiry
Section 34A
Official textFrom Attorney General's Chambers, unchanged
For the purposes of section 34(1), the Registrar may upon the payment of such fees as may be prescribed, approve any competent person to audit the accounts of a registered society or societies, as the case may be, under this Act if —
Registrar
“Registrar” means the Registrar of Co-operative Societies appointed under section 3 and includes any person when exercising such powers of the Registrar as may be conferred upon him under that section;
such person applies in writing to the Registrar to be so approved; and
the Registrar is satisfied that such person is fit and competent to be so approved.
No person shall be approved to audit nor shall he audit the accounts of the same registered society for any continuous period exceeding 6 years, but such person may be approved to audit and may resume auditing the accounts of a registered society 2 years after he has ceased to audit the accounts of that registered society.
registered society
“registered society” means a co-operative society registered under this Act;
For the purposes of subsection (2), the approval for a further period of an auditor, which immediately follows his ceasing to act as the auditor of the same registered society, shall be construed as making the period continuous.
Annual reports, accounts and financial statements. [S 61/2012]
Terms defined in s 2
registered society
Defined · s 2“registered society” means a co-operative society registered under this Act;
Registrar
Defined · s 2“Registrar” means the Registrar of Co-operative Societies appointed under section 3 and includes any person when exercising such powers of the Registrar as may be conferred upon him under that section;
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