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COMMONWEALTHAct
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s 227AB

Office of the AUASB’s functions and powers

In force
Subdivision CThe Auditing and Assurance Standards Board and the Office of the Auditing and Assurance Standards Board

227AB Office of the AUASB’s functions and powers

(1)

The Office of the AUASB has the following functions:

(a)

to make such arrangements as are necessary to give effect to the decisions of the AUASB;

(b)

to provide technical services to the AUASB;

(c)

to provide administrative services to the AUASB;

(d)

to provide information to the AUASB;

(e)

to advise the AUASB about the performance of any of the AUASB’s functions;

(f)

to make resources and facilities (including meeting facilities, communication facilities and secretariat services) available to the AUASB;

(g)

such other functions as are conferred on the Office by this Act;

(h)

to do anything incidental to, or conducive to, the performance of any of the above functions.

(2)

The Office of the AUASB has power to:

(a)

establish committees, advisory panels and consultative groups; and

(b)

receive money contributed towards its or the AUASB’s operating costs; and

(c)

do anything else that is necessary for, or reasonably incidental to, the performance of its functions.

16 Subsection 227A(1)

Omit “(1)”.

17 Subsections 227A(2) and (3)

Repeal the subsections.

18 Subsection 227B(2)

Repeal the subsection, substitute:

Power to establish committees etc.

(2)

The AUASB has power to establish committees, advisory panels and consultative groups.

19 Subsection 231(1) (note)

Omit “227(3)”, substitute “227(4)”.

20 Section 232

Repeal the section, substitute:

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