Article 84 - Remuneration of Auditor
(1) The remuneration of an auditor of an Investment Club appointed by the Members must be fixed by the Members in general meeting or by the directors, if they are authorised to do so by the Members, and the remuneration of the auditor appointed by the directors must be fixed by the directors.
(2) Where one or more auditors are appointed by the CRO under Article 83, the CRO must also fix the remuneration to be paid by the Investment Club for its or their services.
(3) There must be stated in a note to an Investment Club's audited accounts the amount of the remuneration of the Investment Club's auditors in their capacity as such.
|Derived (as from 20th December 2016).|