Singapore legislation

Regulation 6

of Co-operative Societies Rules 2009

Regulation 6

Change of auditors

Amended byS 317/2019 wef 22/04/2019

Subregulation 1

Amended byS 317/2019 wef 22/04/2019

A society shall change its auditor at least once every 5 years, either to another auditor from the same accounting corporation, accounting firm or accounting LLP or to another auditor from a different accounting corporation, accounting firm or accounting LLP.

Subregulation 2

Any society which contravenes paragraph (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.