Co-operative and Community Benefit Societies Act 2014 (c. 14)

Part 7 E+W+S Accounts, audit and annual returns

Auditing of accounts etc E+W+S

88 Persons appointed under section 82 or 85: powers etc E+W+S

(1) This section applies to a person appointed by a registered society—

(a) for the purposes of making a report of a kind mentioned in any of rows 4 to 6 of the table in section 82 (report on interim revenue account or balance sheet), or

(b) under section 85 (duty to obtain report in certain cases where section 83 disapplied).

(2) For the purposes of the appointment, the person—

(a) has a right of access at all times to the society's books, deeds and accounts and to all other documents relating to its affairs, and

(b) is entitled to require from the society's officers such information and explanations as the person considers necessary.

(3) If the person fails to obtain all the information and explanations which, to the best of the person's knowledge and belief, are necessary for the purposes of doing what the person has been appointed to do, this must be stated in the person's report.

(4) The person is entitled—

(a) to receive notice of, and attend, any general meeting of the society at which a relevant matter is discussed, and

(b) to be heard at any such general meeting which the person attends on any part of the business of the meeting which relates to a relevant matter.

(5) In subsection (4) “relevant matter” means—

(a) any report made by the person, or

(b) any matter which is relevant to what the person has been appointed to do.