Clause 22

by deleting the words “show fairly” in subsection (2)(a) and substituting the words “give a true and fair view of”; and

by inserting, immediately after subsection (5), the following subsections:“(6) The Registrar may impose additional duties on an auditor, including but not limited to the following:

a duty to submit to the Registrar such additional information in relation to his audit as the Registrar considers necessary;

a duty to enlarge or extend the scope of his audit of the transactions and affairs of the society;

a duty to carry out any other examination or establish any procedure in any particular case;

a duty to submit a report to the Registrar on any of the matters referred to in paragraphs (b) and (c),and the auditor shall carry out such duty or duties.(7) The society shall remunerate the auditor in respect of the discharge of such duty or duties as the Registrar may impose on the auditor under subsection (6), subject to the written directions of the Registrar.(8) If an auditor of a society, in the course of the performance of his duties as auditor, has reason to believe that an offence involving fraud or dishonesty is being or has been committed against the society by any officer or employee of the society and —

the offence is punishable by imprisonment for a term that is not less than 2 years; and

the value of the property obtained or likely to be obtained from the commission of such an offence is not less than $20,000,the auditor shall immediately report the matter to the Registrar.(9) An officer of a society who refuses or fails, without lawful excuse, to allow an auditor of the society access, in accordance with this section, to any accounting and other records, including registers, of the society in his custody or control, or to give any information or explanation as and when required under this section, or otherwise hinders, obstructs or delays an auditor in the performance of his duties or the exercise of his powers, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $4,000.”.