Irish Aubrac Cattle Breed Society Limited

64. AUDIT & ACCOUNTS
The Council shall cause proper books of accounts to be kept as are necessary to give a true and fair
view of the state of the Society’s affairs and to explain its transactions and shall relate to:
a) All sums of money received and expended by the Society and the matters in respect of which
the receipt and expenditure takes place and
b) All sales and purchases of/by the Society and
c) The assets and liabilities of the Society.
The accounts and Annual Return of the Society and all necessary vouchers shall be submitted once in
every year for audit to one of the statutory auditors authorised by Section 55 of the Companies
(Statutory Audits) Act 2018, who shall be appointed in accordance with provisions of Rule 32(e) and
shall not hold any other office in connection with the Society nor shall he/she be involved in providing
auditor or accounting services to any member of the Council.
65. RE-APPOINTMENT OR REPLACEMENT OF RETIRING AUDITOR

1. Subject as hereinafter contained, at any Annual General Meeting a retiring Auditor, however
appointed, shall be re-appointed without any resolution being passed unless:
a) He is not qualified for appointment; or
b) A resolution has been passed at the meeting appointing somebody instead of him or
providing expressly that he shall not be re-appointed; or
c) He has given the Society notice in writing of his unwillingness to be re-appointed.
2. Where notice is given on an intended resolution to appoint some other person in place of a
retiring Auditor, and by reason of the death incapacity or disqualification of that person, the
resolution cannot be proceeded with, the retiring Auditor shall not be automatically reappointed by virtue of sub section (1) hereof.
3. At least ten clear days’ notice in writing to the Society shall be required for a resolution at the
Society’s Annual General Meeting appointing as Auditor a person other than a retiring Auditor
or providing expressly that the retiring Auditor shall not be re-appointed.
4. On receipt of notice of such an intended resolution as aforesaid, the Society shall forthwith
send a copy thereof to the retiring Auditor.
5. Where notice is given proposing a Resolution that the retiring Auditor shall not be reappointed the retiring Auditor may make representations in writing to the Society and may
request that he be heard orally at the meeting or may request that the representations shall
be read at the meeting of the Society provided, however, that nothing herein contained shall
be construed as to secure needless publicity for defamatory matter.

66. DUTY OF THE AUDITOR
The Auditor shall audit the accounts and annual returns of the Society and sign the accounts to be
placed before the General Meeting.

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