DEFINITION

1. In this Rule the term “Auditor” includes a firm of auditors, if the firm is a registered company auditor pursuant to the provisions of the Corporations Act (Commonwealth).

AUDIT REPORT

2. The books, financial records and accounts are to be audited annually and a report thereon made to members by the Auditor in accordance with these Rules.

ELECTION OF AUDITOR

3. The auditor is to be elected at the Annual General Meeting.

QUALIFICATIONS OF AUDITOR

4. The Auditor is not, necessarily, required to be a member, but no Auditor nor partner in a firm of auditors may be a member or ex-officio member of the Committee.

ACCESS TO RECORDS

5. The Auditor and the Auditor’s staff shall have unfettered access to the Club’s books, financial records and accounts for the purpose of performing the annual audit and for that purpose are to be supplied by the Club’s staff with such information and explanations as are reasonably necessary.

FILLING A VACANCY

6. The Committee has power to fill a vacancy in the office of Auditor.

REMUNERATION OF AUDITOR

7. The Auditor is entitled to receive such remuneration as the Committee from time to time determines.