Swiss Civil Code

¹The as­so­ci­ation must sub­mit its ac­counts to a full audit by ex­tern­al aud­it­ors if two of the fol­low­ing fig­ures are ex­ceeded in two suc­cess­ive busi­ness years:

1.

total as­sets of CHF 10 mil­lion;

2.

turnover of CHF 20 mil­lion;

3.

av­er­age an­nu­al total of 50 full-time staff.

²The as­so­ci­ation must sub­mit its ac­counts to a lim­ited audit by ex­tern­al aud­it­ors if a mem­ber with per­son­al li­ab­il­ity or an ob­lig­a­tion to provide fur­ther cap­it­al so re­quests.

³The pro­vi­sions of the Code of Ob­lig­a­tions² on ex­tern­al aud­it­ors for com­pan­ies ap­ply mu­tatis mutandis.

⁴In all oth­er cases the art­icles of as­so­ci­ation and the gen­er­al meet­ing³ are free to make such audit­ing ar­range­ments as they deem fit.