Document ID: chunk:federal_register_of_legislation:F2023L01323:reg:13
Version: federal_register_of_legislation:F2023L01323
Segment Type: reg
Provision Reference: reg 13
Character Range: 9975–10749

13  Qualifications of persons preparing audit
  For paragraph 1209T(5)(a) of the Act, the audit must be prepared by a person who:
         (a)    is a member of:
              (i)            CPA Australia; or
              (ii)            the Institute of Chartered Accountants in Australia; or
              (iii)            the National Institute of Accountants; and
         (b)    is not the person who prepared, or is preparing, any of the financial statements about the trust for the relevant financial year; and
         (c)    is not an immediate family member of:
              (i)            the principal beneficiary of the trust; or
              (ii)            a residuary beneficiary of the trust; or
              (iii)            a trustee of the trust.