Victorian Current Acts

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AUDIT ACT 1994 - SECT 24

Auditor-General may enter into public purpose audit arrangement

    (1)     At the request of an entity that is not a public body the Auditor-General may enter into an arrangement with that entity to audit the entity's financial statements.

    (2)     Before entering into the audit arrangement, the Auditor-General must be satisfied that—

        (a)     the entity exists for a public purpose; and

        (b)     it is practicable and in the public interest for the Auditor-General to audit the financial statements of the entity.

    (3)     An audit arrangement may provide for the payment of fair and reasonable fees to the Auditor-General in respect of the audit.

S. 25 substituted by No. 12/2019 s. 9.



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