115
CurrentFurther information following audit
Part 6Compliance requirements
Division 5Audit
115 Further information following audit
(1)
On receiving a copy of the audit report, the chief executive may, by written notice given to the primary licensee, require the licensee to give the chief executive further information about a matter relating to the licensee’s operations mentioned in the audit report.
(2)
A primary licensee must comply with a requirement under subsection (1) within the time stated in the notice, unless the licensee has a reasonable excuse.
Maximum penalty for subsection (2)—40 penalty units.
This Act’s bill:Explanatory memorandum
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