Obtaining information for purposes of audit
33 Obtaining information for purposes of audit
An auditor employed by a conveyancer under section 30 may require the conveyancer or any other person who is able to do so – to produce all the accounts (whether or not trust accounts) relating to the business of the conveyancer and all documents relating to those accounts; and to provide any relevant information relating to the operation of the accounts.
The manager or other principal officer of an authorised deposit-taking institution in which a conveyancer has deposited money, whether in his or her own account or in a general or separate trust account, must, on being required to do so by an auditor under subsection (1), disclose every such account, and provide any documents relating to that account, as required by the auditor. Fine not exceeding 50 penalty units.
A person who is required by this section to produce documents to an auditor must permit the auditor to make a copy of the whole, or any part, of those documents. Fine not exceeding 20 penalty units.
In this section – conveyancer includes a former conveyancer; document includes, but is not limited to, a document required to be kept under section 19 in respect of the receipt and disposition of trust money.
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