Western Australian Current Acts Western Australian Current Acts (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not withdrawn that consent before the appointment is made.
(2) 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.
(3) 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.
(4) 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.
(5) 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 is of no effect; and
(b) the
co-operative is guilty of an offence.
Penalty for this subsection: a fine of $2 500.
[Section 244ZV inserted: No. 7 of 2016 s. 85.]
[Heading inserted: No. 7 of 2016 s. 85.]