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COMMONWEALTHAct
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s 74

Audits of registered corporations—other

In force
Part 6Administration
Division 4Monitoring compliance
Subdivision GGreenhouse and energy audits

74 Audits of registered corporations—other

(1)

The Regulator may appoint a registered greenhouse and energy auditor as an audit team leader to carry out an audit of a registered corporation’s compliance with one or more aspects of this Act or the associated provisions.

(2)

The Regulator must give written notice to the corporation of a decision to appoint an audit team leader under subsection (1). The notice must:

(a)

specify the audit team leader; and

(b)

specify the period within which the audit is to be undertaken; and

(ba)

specify the type of audit to be carried out; and

(c)

specify the matters to be covered by the audit; and

(d)

be given to the corporation at a reasonable time before the audit is to be undertaken.

(2A)

The corporation, and each member of the corporation’s group, must provide the audit team leader and any audit team members with all reasonable facilities and assistance necessary for the effective exercise of the audit team leader’s duties under this Act.

Civil penalty: 250 penalty units.

(3)

If a corporation is given a notice under subsection (2), the corporation must arrange for the audit team leader to carry out the audit.

Civil penalty: 250 penalty units.

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