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Co-operatives (Adoption of National Law) Act 2012
302Appointment to replace auditor removed from office
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#### 302 Appointment to replace auditor removed from office
302 Appointment to replace auditor removed from office
(cf Corporations Act s 327D)
> > (1) This section deals with the situation in which an auditor of a co-operative is removed from office at a general meeting in accordance with section 310.
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> > (2) The co-operative may at that general meeting (without adjournment), by special resolution immediately appoint an individual, firm or company as auditor of the co-operative if a copy of the notice of nomination has been sent to the individual, firm or company under section 308 (3).
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> > (3) If a special resolution under subsection (2)—
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> > > (a) is not passed; or
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> > > (b) could not be passed merely because a copy of the notice of nomination has not been sent to an individual, firm or company under section 308 (3);
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> > the general meeting may be adjourned and the co-operative may, at the adjourned meeting, by ordinary resolution appoint an individual, firm or company as auditor of the co-operative if—
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> > > (c) a member of the co-operative gives the co-operative notice of the nomination of the individual, firm or company for appointment as auditor; and
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> > > (d) the co-operative receives the notice at least 14 clear days before the day to which the meeting is adjourned.
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> > (4) The day to which the general meeting is adjourned must be—
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> > > (a) not earlier than 20 days after the day of the meeting; and
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> > > (b) not later than 30 days after the day of the meeting.
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> > (5) Subject to this Part, an auditor appointed under subsection (2) or (3) holds office until the co-operative’s next annual general meeting.