Document ID: chunk:federal_register_of_legislation:F2023L01323:reg:14
Version: federal_register_of_legislation:F2023L01323
Segment Type: reg
Provision Reference: reg 14
Character Range: 10749–11894

14  Information that must be included in an audit
       (1)      For subsection 1209T(6) of the Act, an audit must include the following information:
         (a)    a statement to the effect that the trust's financial statements give a true and fair view of the trust's financial position and performance as at 30 June of the relevant financial year;
         (b)    if the person requesting the audit under subsection 1209T(3) of the Act requests the audit for the purpose of determining whether the trust has met the requirements of all of the provisions of the trust deed — a statement indicating whether the trust has met the requirements of all of the provisions of the trust deed;
         (c)    if the person requesting the audit under subsection 1209T(3) of the Act requests the audit for the purpose of determining whether the trust has met the requirements of specified provisions of the trust deed — a statement indicating whether the trust has met the requirements of those specified provisions of the trust deed.
       (2)      Information mentioned in subsection (1) must comply with the relevant Australian Auditing Standards.