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Section 75: Duty to keep books of account etc

Co-operative and Community Benefit Societies Act 2014 · 2014 c. 14View on legislation.gov.uk

Part 7: Accounts, audit and annual returns

A registered society must ensure that proper books of account are kept with respect to its transactions and its assets and liabilities.

The duty under subsection (1) includes a duty to ensure that there are kept such books as are necessary to—

give a true and fair view of the state of the society's affairs, and
explain its transactions.

A registered society must establish and maintain a satisfactory system of control of its—

books of account,
cash holdings, and
receipts and remittances.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.