Document ID: chunk:federal_register_of_legislation:C2025C00096:schedule:1:p28
Version: federal_register_of_legislation:C2025C00096
Segment Type: schedule
Provision Reference: sch 1 (pt 28/51)
Character Range: 232676–235497

officer of the Bank that the information provided is in accordance with the Bank's records and is true and correct.
    10.6 Provision of report by Bank's External Auditor
    The Bank agrees to provide to the Commonwealth within two (2) months of the end of each Financial Year in which Subsidy is paid under this Agreement a report by the Bank's external auditors advising as to the extent to which, in their opinion, the Bank's systems for maintaining data concerning Subsidised Advances can be relied upon to provide accurate information for the purpose of the calculation of Subsidy payable to the Bank under the Agreement.
    10.7 Discussion of audit procedures between External Auditors
    If at any time the Commonwealth considers this to be desirable, the Bank will arrange with its external auditors for the Commonwealth to discuss with the external auditors the audit procedures applied.
    10.8 Bank to provide External Auditor's Report with Subsidy Invoice
    The Bank further agrees to provide a report by its external auditors in the terms of Sub‑clause 10.6 prior to or concurrently with its first Subsidy invoice.
    10.9 Bank to supply information to enable verification
    In the event that the Commonwealth is unable to verify the details contained in the Subsidy invoice provided pursuant to Sub‑clause 11.4 from information supplied pursuant to this Clause, the Bank shall supply such further information as is necessary to enable the Commonwealth to verify the details.
    10.10 Documentation to be provided by the Bank
    In respect of any claim, dispute or legal proceeding now existing or at any time hereafter existing or being made against the Commonwealth/Corporation by any applicant, Entitled Applicant, Borrower or by some other person in respect of a Portfolio Asset or Subsidised Advance or any other associated matter the Bank agrees that it will, except to the extent that the Bank is prohibited by law, at the request of the Commonwealth make available and provide to the Commonwealth all documents, information, material and computer data in the possession or under the control of the Bank, in relation to a Portfolio Asset or Subsidised Advance or any other associated matter which may be required by the Commonwealth in respect of and in order to defend or prosecute such a claim, dispute or legal proceeding and the Bank agrees that it will give to the Commonwealth, its employees, servants, officers or agents all such reasonable assistance as shall be necessary for such purpose. The Bank may only charge the Commonwealth its minimum standard production fee in respect of any such documents or assistance provided to the Commonwealth pursuant to this Sub‑clause.
    10.11 Charge to Commonwealth by Bank
    Subject to Sub‑clause 10.10, the Bank shall not be entitled to