Auditor-General Act 2009

The auditor-general must audit each trust subject to the control of 1 or more public sector entities.

For subsection (1), a trust is subject to control by 1 or more public sector entities if—

the trustee of the trust is a public sector entity or 2 or more public sector entities; and

1 or more public sector entities collectively hold, directly or indirectly, interests in at least 50% of the trust or the assets of the trust.

An audit of a trust under this section may be conducted as part of an audit of a public sector entity mentioned in subsection (2).