34
CurrentAccounts and audit
Part 5Statutory trusts
Division 8Financial provisions
34 Accounts and audit
(1)
A statutory trust will cause proper accounts to be kept of its financial affairs.
(2)
The
Auditor-General may at any time, and must at least once in every year, audit the accounts of a statutory trust.
(3)
For the purpose of an audit under subsection (2), the Auditor-General may exercise, in relation to the accounts of the statutory trust and the officers and employees of the trust, the powers that are vested in the Auditor-General by the Public
Finance and Audit Act 1987.
This Act’s bill:Second reading speech
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