Section 97: Remuneration of qualified auditors

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

Part 7: Accounts, audit and annual returns

The Treasury may by regulations prescribe the maximum rates of remuneration to be paid by registered societies for—

the audit of their accounts and balance sheets by qualified auditors;
the making of a report (a "relevant report") for the purposes of—
row 5 or 6 of the table in section 82, or
section 85(2)(a) or (b) (duty to obtain report in certain cases where section 83 disapplied).

The regulations may make different provision for different cases or circumstances.

An auditor or person appointed to make a relevant report—

must not ask for or receive, and
is not entitled to receive,

remuneration in excess of the rate prescribed by the regulations in respect of the auditor's or person's service.

About this text

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.