law: Co-Operative Societies Act 2008 
  129.
  
  Appointment of auditor
  1.      Subject to subsection
  
  (4), the members of a society shall-
  a.     
  
    at
  
  the first general meeting, appoint an auditor to hold office until the close of
  
  the first annual general meeting; and
  b.    
  
    at
  
  each annual meeting, appoint an auditor to hold office until the close of the
  
  next annual general meeting.
  1.      
  2.      Notwithstanding
  
  subsection (1)(b) , if an auditor is not appointed at an annual meeting,
  
  the incumbent auditor continues in office until his successor is appointed at a
  
  subsequent meeting.
  3.      The remuneration of
  
  an auditor shall be fixed by the directors.
  4.      An auditor shall be
  
  deemed not to have assumed office unless he has, in writing to the society,
  
  confirmed his willingness to serve as auditor.