Trustee to comply with auditor requirements
70-25 Trustee to comply with auditor requirements
Application of this section
This section applies if books are audited under section 70‑15 or 70‑20.
Trustee must give assistance etc.
The trustee of the estate must give to the person carrying out the audit such books, information and assistance as the person reasonably requires.
Exception
Subsection (2) does not apply if the trustee has a reasonable excuse.
Offence
A person commits an offence of strict liability if:
the person is subject to a requirement under subsection (2); and
the person fails to comply with the requirement.
Penalty: 5 penalty units.
A defendant bears an evidential burden in relation to the matter in subsection (3) (see subsection 13.3(3) of the Criminal Code).
See also section 277B (about infringement notices).
This Act’s bill:Second reading speech
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