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Remuneration of qualified auditors. 44.(1) The registrar may, with the consent of the Ministry, prescribe the maximum rates of remuneration to be paid by all registered societies or such registered societies as may be specified for the audit of their accounts and balance sheets by qualified auditors. (2) Where the maximum rate of remuneration which may be paid by a registered society for the audit of its accounts and balance sheet has been prescribed under subsection (1), no auditor shall, in respect of his services to that society, ask for, receive or be entitled to receive remuneration in excess of the rate so prescribed.
© 1969 Crown Copyright
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