Once at least in every year, the accounts of the Society shall be examined and audited and their correctness ascertained by one or more registered accountants elected for ensuing year by the member at the Annual General meeting each year. The report of the auditor or auditors shall form part of the annual report submitted to the next General Meeting. The auditor of The Society shall hold office until the next Annual General meeting. The retiring auditor or auditors shall be paid such remuneration or honorarium as the members may fix at the Annual General Meeting at which such auditor or auditors may be appointed.

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