(1) Every registered society and branch shall once in every year submit its accounts for audit to a statutory auditor.
(2) The auditors shall have access to all the books and accounts of the society or branch, and shall examine the annual return mentioned in this Act, and verify the annual return with the accounts and vouchers relating thereto, and shall either sign the annual return as found by them to be correct, duly vouched, and in accordance with law, or specially report to the society or branch in what respects they find it incorrect, unvouched, or not in accordance with law.
(3) None of the following persons shall be qualified to act as a statutory auditor of a society registered under this Act:
(a) an officer or servant of the society;
(b) a person who has been an officer or servant of the society within a period in respect of which accounts would fall to be audited by the person if he or she were appointed auditor of the society;
(c) a parent, spouse, civil partner, brother, s
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