Report about audit for grant of accreditation
473 Report about audit for grant of accreditation
An auditor must, within 14 days after completing an audit of the applicant’s ICA systems, or proposed ICA systems, relevant to an application for a grant of accreditation, give a report about the audit to the following unless the auditor has a reasonable excuse—
the applicant;
the chief executive.
Maximum penalty—100 penalty units.
The report must include all of the following information—
the auditor’s name;
the days the audit started and ended, and the time spent conducting the audit;
the address of, or other information sufficient to identify, the place at which the audit was conducted;
details of the applicant’s ICA systems, or proposed ICA systems, audited;
whether, in the auditor’s opinion, each ICA system or proposed ICA system satisfies the requirements of any operational procedure to which the system is directed;
the reasons that the auditor considers each ICA system or proposed ICA system satisfies or does not satisfy the requirements of any operational procedure to which the system is directed;
other information prescribed under a regulation.
This provision refers to the regulations (a regulation
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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