Subdiv 3Tier 3 associations

Subdivision 3 — Tier 3 associations 74. Obligation to prepare annual financial report 53 75. Audit of financial report 53 76. Financial reporting to annual general meeting 53 Division 4 — Special audit 77. Commissioner may require special audit to be carried out 54 Division 5 — Reviews and audits 78. Review or audit to be conducted in accordance with auditing standards 54 79. Working papers to be retained for 7 years 54 80. Reviewer’s or auditor’s independence declaration 55 81. Reviewer’s report on financial statements or financial report 56 82. Auditor’s opinion and report on financial statements or financial report 56 83. Reporting breaches of Act to Commissioner 58 Division 6 — Provisions relating to reviewers and auditors generally 84. Fees and expenses 59 85. Information and assistance 59 86. Right to attend general meeting and be heard 60 Division 7 — Appointment and removal of reviewers and auditors 87. Appointment of reviewer or auditor 60 88. Qualifications for appointment 62 89. Removal of reviewer or auditor by resolution 62 90. Reviewer or auditor may make representations 63 91. Exemption from section 90(2) requirements 64