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Building Societies Act 1965

Management and administration - Accounting records and financial reporting

100: Qualifications of auditors and access to information

You could also call this:

"Rules about who can check a society's money and how they get information"

You can only be an auditor for a society if you are a qualified auditor. To be a qualified auditor, you need to meet the requirements set out in section 35 of the Financial Reporting Act 2013.

If you want to know more about how auditors are appointed or how they can get information about a society, you should look at sections 37 to 39 of the Financial Reporting Act 2013. These sections explain how a group of people (like a partnership) can be appointed as auditors, and how auditors can get the information they need about a society.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM372072.

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Part 7Management and administration
Accounting records and financial reporting

100Qualifications of auditors and access to information

  1. No person is qualified for appointment as auditor of a society unless he or she is a qualified auditor (within the meaning of section 35 of the Financial Reporting Act 2013).

  2. See sections 37 to 39 of the Financial Reporting Act 2013 (which provide for the appointment of a partnership and access to information in relation to a society).

Notes
  • Section 100: replaced, on , by section 9 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102).