Document ID: chunk:federal_register_of_legislation:C2025C00140:clause:1a_15
Version: federal_register_of_legislation:C2025C00140
Segment Type: clause
Provision Reference: sch 1A cl 15
Character Range: 648189–649372

15  Financial information must be provided
 (1) A *VET provider must give to the Minister a financial statement for each *annual financial reporting period for the provider in which a student of the provider receives assistance under this Schedule.
 (2) The statement:
 (a) must be in the form approved by the Minister; and
 (b) must be provided with a report, on the statement, by:
 (i) the Auditor‑General of a State, of the Australian Capital Territory or of the Northern Territory; or
 (ii) a registered company auditor (within the meaning of section 9 of the Corporations Act 2001), who is independent of the *VET provider; or
 (iii) a person approved by the Minister under paragraph (d) of the definition of qualified auditor in subclause 1(1) of Schedule 1, who is independent of the VET provider; and
 (c) must be provided within 6 months after the end of the *annual financial reporting period for which the statement was given.
 (3) An annual financial reporting period, for a *VET provider, is the period of 12 months:
 (a) to which the provider's accounts relate; and
 (b) that is notified in writing to the Minister as the provider's annual financial reporting period.