SECTION 880

The audit of the management and audit of the summary financial statements shall be exercised under the conditions stipulated in the contract. However, when an economic interest group issues bonds under the conditions set forth in article 875 above, the audit of the management shall be carried out by one (1) or more individuals appointed by the meeting. The term of their office and their powers shall be set in the contract. The audit of the summary financial statements shall be carried out by one or more auditors selected from the official list of auditors and appointed by the meeting for a period of six (6) fiscal years. Subject to specific rules on economic interest groups, the auditor shall enjoy the same status, powers and responsibilities as the auditor of a public limited company.