Document ID: chunk:federal_register_of_legislation:C2024C00639:section:108
Version: federal_register_of_legislation:C2024C00639
Segment Type: section
Provision Reference: s 108
Character Range: 169615–172073

108  Audit of export operations

Export operations in relation to which audit may be required
 (1) The Minister may require an audit to be conducted of any of the following:
 (a) regulated waste material covered by an export licence or an exemption;
 (b) export operations covered by an export licence or an exemption;
 (c) export operations proposed to be carried out in relation to a kind of regulated waste material by a person who has applied for an export licence or an exemption in relation to the operations;
 (d) export operations carried out in relation to a kind of regulated waste material by a person to whom an export licence for the operations has been granted, but which has been suspended;
 (e) export operations carried out in relation to a kind of regulated waste material by a person to whom an export licence or exemption for the operations has been granted, but which has been revoked;
 (f) export operations of a kind prescribed by the rules.

Matters to which audit must relate
 (2) The audit must relate to one or more of the following matters:
 (a) if the audit is in relation to an export licence:
 (i) whether a kind of export operations or a kind of regulated waste material complies, has complied or will comply with a requirement of this Act that relates to the export operations or the waste material; or
 (ii) whether conditions of the export licence are being, have been or are likely to be complied with;
 (b) if the audit is in relation to an exemption:
 (i) whether a kind of export operations or a kind of regulated waste material complies, has complied or will comply with a requirement of this Act that relates to the export operations or the waste material;
 (ii) whether conditions of the exemption are being, have been or are likely to be complied with;
 (c) in any case—any other matter prescribed by the rules.
 (3) The audit may include an audit of financial statements conducted in accordance with any standard issued by the Auditing and Assurance Standards Board that applies to the audit, as in force from time to time.
 (4) The audit may deal with anything that is:
 (a) reasonably necessary for the effective conduct of the audit; or
 (b) incidental to the matter to which the audit relates.
 (5) Without liming subsection (1), the audit may include inspections of regulated waste material.

Who may conduct audit
 (6) The audit may be conducted by:
 (a) an authorised officer; or
 (b) an approved auditor.