309Auditor's consent to appointment (cf Corporations Act s 328A)

309 Auditor's consent to appointment (cf Corporations Act s 328A) (1) A co-operative or the directors of a co-operative must not appoint an individual, firm or company as auditor of the co-operative unless that individual, firm or company: (a) has consented, before the appointment, to act as auditor; and (b) has not withdrawn that consent before the appointment is made; and for the purposes of this section, a consent, or the withdrawal of a consent, must be given by written notice to the co-operative or the directors.

Co-operatives (National Uniform Legislation) Act 2015 199 (2) A notice under subsection (1) given by a firm must be signed by a member of the firm who is a registered company auditor both: (a) in the firm name; and (b) in his or her own name. (3) A notice under subsection (1) given by a company must be signed by a director or senior manager of the company both: (a) in the company's name; and (b) in his or her own name. (4) If a co-operative or the directors of a co-operative appoint an individual, firm or company as auditor of a co-operative in contravention of subsection (1): (a) the purported appointment does not have any effect; and (b) the co-operative is guilty of an offence. Maximum penalty (for subsection (4)): $2 500.