Building Act 1993

The auditor for an approved scheme must, in accordance with the prudential standards:

exercise the functions of an auditor as prescribed by the prudential standards; and

ascertain, and report on, whether the trustees of the scheme are complying with the prudential standards; and

prepare, and give to the trustees of the scheme, the reports the prudential standards require the auditor to prepare; and

give the trustees the certificates relating to the scheme's accounts the prudential standards require the auditor to prepare.

A report given under subsection (1)(c) must deal with everything the prudential standards require the report to deal with.

A certificate given under subsection (1)(d) must contain statements of the auditor's opinion on the matters the prudential standards require the certificate to contain.