Audit of approved compliance arrangements
19 Audit of approved compliance arrangements
The Minister may require any controlling authority that is a party to an approved compliance arrangement to have the approved compliance arrangement audited for the purpose of determining whether the arrangement—
has been complied with during the period covered by the audit; and
is still adequate at the date of the audit.
A requirement under subsection (1)—
must be made in writing; and
may be made on a one-off basis or may require an audit to be performed annually or at any other specified frequency; and
must specify the minimum qualifications or experience that must be held by the person who is to conduct the audit; and
may impose restrictions relating to the suitability of persons to conduct the audit; and
must specify by when, how and by whom the results of the audit are to be reported to the Department.
The Minister may vary any requirement under this section at any time by giving the controlling authority written notice of the variation.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.