Canadian Payments Act
Marginal note:Appointment of auditor
26 (1) The members of the Association shall, at each annual meeting, appoint an auditor to hold office until the close of the next annual meeting.
(2) The remuneration of the auditor may be fixed by resolution at the annual meeting of members and on such a resolution every member is entitled to one vote for each dollar that the member is required to contribute as dues under the by-laws.
(3) Where the members do not fix the remuneration of the auditor at the annual meeting, the Board may fix such remuneration.
- 1980-81-82-83, c. 40, s. 80
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