19Appointment of auditor

19 Appointment of auditor

(1) Subject to subsection (2), a Trust must appoint a person to be the auditor of the Trust at an annual general meeting of the Trust.

(2) If an auditor has not been appointed at an annual general meeting within 3 months after a vacancy occurs in that office, the committee of management of the Trust must appoint a person to fill the vacancy.

(3) A person appointed as auditor—

(a) must be a registered company auditor; and

(b) must not be an officer or employee of the Trust.

(4) An auditor of a Trust holds office until the auditor—

(a) dies; or

(b) resigns from office in writing addressed to the Chairperson of the Trust; or

(c) ceases to be a registered company auditor; or

(d) is removed from office by a resolution, of which special notice is given, passed at a general meeting of the Trust.

(5) The Trust must pay any reasonable fees and expenses of the auditor.

(6) Nothing in this section affects the appointment of an auditor of a Trust holding office immediately before the commencement of the Aboriginal Lands Amendment Act 2013.

S. 19A inserted by No. 33/2013 s. 12.