C-4.1 - Savings and Credit Unions Act

Full text
298. If the auditor is notified or becomes aware of an error or misstatement in a financial statement on which he reported, and if in his opinion the error or misstatement is material, he shall inform each director of the error or misstatement.
The directors who are informed of the error or misstatement shall, within 60 days, prepare and issue revised financial statements or inform the members, the federation with which the credit union is affiliated, where that is the case, and the Inspector General of the error or misstatement.
1988, c. 64, s. 298.