# Friendly Societies Act 1992, Paragraph 4


(1) Subject to paragraph 7 below, a person is eligible for appointment as the auditor of a friendly society or registered branch only if he—
(a) is a member of a recognised supervisory body; and
(b) is not ineligible for the appointment under the rules of that body.
(2) An individual or a firm may be appointed as auditor of a friendly society or registered branch.
(3) In this Schedule—
...
“recognised supervisory body” means a body which is a recognised supervisory body for the purposes of Part 42 of the Companies Act 2006.

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Source: https://www.legislation.gov.uk/ukpga/1992/40/schedule/14/paragraph/4 (the official version)
Page: https://openlegislation.uk/friendly-societies-act-1992/schedule-14/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.