42Auditors

42 Auditors

(1)  The Council is to appoint an auditor in respect of the finances of the Society.

(2)  An auditor appointed under subclause (1) holds that office, unless it is sooner vacated, until –

(a) the close of the annual general meeting of the Society next after the auditor's appointment; or

(b) if the auditor's successor has not been appointed at the time of that meeting, the appointment of that successor; or

(c) the auditor dies; or

(d) the auditor resigns from the office by written notice to the Executive Director; or

(e) the Council passes a resolution that it believes, on reasonable grounds, that the auditor is no longer fit, or able, to act as auditor in respect of the finances of the Society.

(3)  If the Council passes a resolution, in accordance with subclause (2)(e) , in respect of an auditor appointed under subclause (1)  –

(a) that appointment ceases on the passing of that resolution; and

(b) the Executive Director is to notify the former auditor of the passing of the resolution.