126
In forceObligations of trustees to auditors and actuaries
Part 6Residential building work—warranties, conditions, insurance etc
Division 6.5Auditors and actuaries of approved schemes
126 Obligations of trustees to auditors and actuaries
(1)
The trustees of an approved scheme commit an offence if the trustees fail to make arrangements necessary to enable the auditor or actuary for the scheme, or any special actuary for the scheme, to exercise their functions in relation to the scheme.
Maximum penalty: 60 penalty units.
(2)
An offence against this section is a strict liability offence.
This Act’s bill:Explanatory statementSecond reading speech
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