Introductory
(1) This Schedule makes provision in relation to the appointment and removal of the auditor or auditors of a friendly society subject to special requirements.
(2) For the purposes of this Schedule, a person is auditor of a friendly society in respect of a financial year if the person is required to report on the accounts of that society for that financial year.
Appointment of auditor for society which has an audit committee
(1) This paragraph applies to the appointment under section 72 of an auditor or auditors if the society has an audit committee.
(2) Before an appointment is made -
(a) the audit committee of the society must make a recommendation to the committee of management in connection with the appointment, and
(b) the committee of management must propose an auditor or auditors for appointment.
(3) Before the audit committee makes a recommendation or the committee of management makes a proposal under sub-paragraph (2), the audit committee must c
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