SCHEDULES
SCHEDULE 14 Auditors: Appointment, Tenure, Qualifications and Remuneration
F1Removal of auditor on improper grounds
10A
1
Where an auditor of a friendly society to which the Audit Directive applies is removed from office an application may be made to the High Court under this paragraph.
2
The persons who may make such an application are—
a
any member of the society who was also a member at the time of the removal;
b
the Authority.
3
If the court is satisfied that the removal was—
a
on grounds of divergence of opinion on accounting treatments or audit procedures, or
b
on any other improper grounds,
it may make such order as it thinks fit for giving relief in respect of the removal.
4
The court may, in particular—
a
declare that any resolution of the society removing an auditor, or appointing a new auditor in his place, is void;
b
require the directors of the society to re-appoint the auditor until the next general meeting of the society;
c
give directions as to the conduct of the society’s affairs in the future.
5
In the application of this paragraph to a friendly society whose registered office is in Scotland or Northern Ireland, references to the High Court shall be read as references to the Court of Session or, as the case may be, the High Court in Northern Ireland.
Sch. 14 para. 10A and cross-heading inserted (29.6.2008 with effect in accordance with art. 1(3) of the amending S.I.) by The Friendly Societies Act 1992 (Accounts, Audit and EEA State Amendments) Order 2008 (S.I. 2008/1140), arts. 1(2), 6(1)