# Co-operative and Community Benefit Societies Act (Northern Ireland) 1969, Section 42: Restrictions on appointment of auditors.

Extent: N.I.

(1) None of the following persons shall be appointed as auditor of a registered society—
(a) an officer or servant of the society; or
(b) a person who is a partner of or in the employment of, or who employs, an officer or servant of the society; or
Para. (c) rep. by SR 1993/67
(d) a person whose appointment as auditor of any other registered society—
(i) which is a subsidiary of that society, or
(ii) of which that society is a subsidiary, or
(iii) which is a subsidiary of the society of which that society is a subsidiary,
is prohibited by virtue of paragraph (a) or (b); or
(e) a person who is prohibited by section 1214 of the Companies Act 2006 (independence requirement) from acting as statutory auditor of a company which is a subsidiary of that society.
(2) Any appointment made by a society in contravention of subsection (1) shall not be an effective appointment for the purposes of this Act.
Subs. (3) rep. by SR 1993/67
(4) In this section “company” has the same meaning as in section 47 and references to an officer or servant shall be construed as not including an auditor.

---
Source: https://www.legislation.gov.uk/apni/1969/24/section/42 (the official version)
Page: https://openlegislation.uk/co-operative-and-community-benefit-societies-act-northern-ireland-1969/section-42
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.