308Nomination of auditor

#### 308 Nomination of auditor 308 Nomination of auditor (cf Corporations Act s 328B) > > (1) Subject to this section, a co-operative may appoint an individual, firm or company as auditor of the co-operative at its annual general meeting only if a member of the co-operative gives the co-operative written notice of the nomination of the individual, firm or company for appointment as auditor— > > > > > (a) before the meeting was convened; or > > > > > (b) not less than 21 days before the meeting. > > > > This subsection does not apply if an auditor is removed from office at the annual general meeting. > > > (2) If a co-operative purports to appoint an individual, firm or company as auditor of the co-operative in contravention of subsection (1)— > > > > > (a) the purported appointment is of no effect; and > > > > > (b) the co-operative is guilty of an offence. > > > > Maximum penalty—$2,500. > > > (3) If a member gives a co-operative notice of the nomination of an individual, firm or company for appointment as auditor of the co-operative, the co-operative must send a copy of the notice to— > > > > > (a) each individual, firm or company nominated; and > > > > > (b) each auditor of the co-operative; and > > > > > (c) each person entitled to receive notice of general meetings of the co-operative; > > > > and this is so whether the appointment is to be made at a meeting or an adjourned meeting referred to in section 302 or at an annual general meeting. > > > (4) The copy of the notice of nomination must be sent— > > > > > (a) not less than 7 days before the meeting; or > > > > > (b) at the time notice of the meeting is given.