Victorian Current Acts

AUDIT ACT 1994

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Purposes  
   2.      Commencement  
   3.      Definitions  
   3A.     Objectives  
   3B.     Extra-territorial operation of Parts 3, 4, 5, 6, 7 and 9  
   3C.     Act binds the Crown  

   PART 2--AUDITOR-GENERAL AND VICTORIAN AUDITOR-GENERAL'S OFFICE

           Division 1--Acting Auditor-General and Deputy Auditor-General

   4.      Acting appointment  
   5.      Deputy Auditor-General  

           Division 2--Administration

   6.      Staff of Victorian Auditor-General's Office  
   7.      Assistance for Auditor-General  
   8.      Delegation  
   9.      State indemnity  

   PART 3--FINANCIAL AUDITS

   10.     Audit of public bodies  
   11.     Audit opinions on financial statements  
   12.     Audit opinion on annual financial report of the State  
   13.     Audit fees  

   PART 4--PERFORMANCE AUDITS

   14.     Performance audits  
   15.     Additional scope of performance audits in relation to the use of a financial benefit or property  
   16.     Specifications for performance audits  
   17.     Consultation on draft specifications for performance audits  
   18.     Final specifications for performance audits and amending final specifications  

   PART 5--ASSURANCE REVIEWS

   19.     Assurance reviews of estimated financial statements  
   20.     Auditor-General may conduct assurance review  
   21.     Additional scope of assurance reviews in relation to the use of a financial benefit or property  

   PART 6--OTHER AUDITING FUNCTIONS

   22.     Acting as auditor under the Corporations Act  
   23.     Other auditing services for public bodies  
   24.     Auditor-General may enter into public purpose audit arrangement  
   25.     Conduct of financial audits under a public purpose audit arrangement  
   26.     Auditor-General may report to Parliament on financial audits under a public purpose audit arrangement  
   27.     Content of reports of financial audits under a public purpose audit arrangement  
   28.     Information gathering powers under a public purpose audit arrangement  
           --Divisions 1 and 2 of Part 7 apply to a financial audit conducted under a public purpose audit arrangement as if references in those Divisions to a person or to a public body were references to the entity with whom the audit arrangement is made.

   PART 7--INFORMATION GATHERING POWERS AND DUTIES

           Division 1--Power to require information, documents and attendances

   29.     Power to authorise  
   30.     Power to call for information, documents and attendances  
   31.     Information gathering notices  
   32.     How an information gathering notice is served  
   33.     Power to examine on oath or affirmation  
   34.     Legal representation and protection of legal practitioners and persons attending  
   35.     Requirements for persons under the age of 16 years  
   36.     Further provisions relating to attendances  
   37.     Audio or video recording of attendances  
   38.     No requirement to pay fees  
   39.     Auditor-General to report to Victorian Inspectorate on the service of an information gathering notice  
   40.     Secrecy and confidentiality  

           Division 2--Use and inspection of documents and other things

   41.     Use and inspection of documents or other things produced  
   42.     Return or destruction of documents  

           Division 3--Power to enter and inspect premises

   43.     Power to enter and inspect premises owned or occupied by a public body or an associated entity  
   44.     Entry notice  
   45.     Service of entry notice  
   46.     Proof of identity  
   47.     Reasonable assistance to be given  
   48.     Use of documents or things  
   49.     Protection of privacy and minimisation of disruption  
   50.     Vulnerable persons  
   51.     Auditor-General to report to Victorian Inspectorate on the service of an entry notice  

           Division 4--Offences

   52.     Offence to fail to comply with an information gathering notice  
   53.     Offence to fail to comply with an entry notice  
   54.     Offence to fail to take oath or make affirmation or answer question  
   55.     Offence to make false or misleading statements or produce false or misleading documents or other things  

   PART 8--REPORTING

           Division 1--Preparation of reports

   56.     Reports to Parliament on audits and assurance reviews  
   57.     Reports to Parliament on annual financial report of the State  
   58.     Consultation on reports  
   59.     Transmission of reports to Parliament  
   60.     Auditor-General to report to Parliamentary Committee on assurance reviews  

           Division 2--Content of reports

   61.     Reports relating to associated entities and other entities  
   62.     Reports not to disclose certain commercial or protected information  
   63.     Reports not to question policy objectives  
   64.     Reports to disclose certain matters if in the public interest  
   65.     Reports not to include certain findings  

   PART 9--NOTIFICATIONS AND INFORMATION SHARING

   66.     Mandatory notification of corrupt conduct to IBAC  
   67.     Mandatory notification to Victorian Inspectorate  
   68.     Auditor-General may provide or disclose information to specified entity  
   69.     Collaboration and information sharing with other Auditors-General  
   70.     Exemption from Freedom of Information Act 1982  
   71.     Improper use or unauthorised disclosures or provision of information  
   72.     Unauthorised disclosure or provision of confidential information  

   PART 10--ACCOUNTABILITY

           Division 1--Reporting

   73.     Auditor-General's annual plan  
   74.     Annual plan to be laid before Parliament  
   75.     Annual report  

           Division 2--Other obligations

   76.     Parliamentary Committee may alter obligations of Auditor-General  
   77.     Audit priorities, budgets and expenditure  
   78.     Auditing and assurance standards  

   PART 11--AUDIT OF THE AUDITOR‑GENERAL ANDVICTORIAN AUDITOR‑GENERAL'S OFFICE

   79.     Independent financial auditor to audit Victorian Auditor-General's Office  
   80.     Audit opinions on financial statements of the Victorian Auditor-General's Office  
   81.     Report of independent financial auditor  
   82.     Independent performance audit of Auditor-General and Victorian Auditor-General's Office  
   83.     Report of independent performance auditor  

   PART 12--GENERAL

   84.     Regulations  

   PART 13--TRANSITIONAL PROVISIONS

   85.     Transfer of Audit Victoria staff not affected by repeal of section 25  
   86.     Transitional provisions relating to the Integrity and Accountability Legislation Amendment Act 2012  
   87.     Transitional provision—Deputy Auditor-General  
   88.     Transitional provision—staff of Victorian Auditor-General's Office  
   89.     Transitional provision—State indemnity  
   90.     Transitional provision—information gathering powers and duties  
   91.     Transitional provision—audit fees  
   92.     Transitional provision—other auditing functions  
   93.     Transitional provision—reports  
           ENDNOTES