Document ID: chunk:federal_register_of_legislation:C2007C00134:clause:4_6
Version: federal_register_of_legislation:C2007C00134
Segment Type: clause
Provision Reference: sch 4 cl 6
Character Range: 245931–246813

6  Independent Auditor

(1) This item applies if, immediately before the commencement of this Schedule, an arrangement was in operation under section 48K of the Audit Act for a person to perform the functions of the Independent Auditor under the Audit Act.

(2) The person is taken to be properly appointed on the commencement of this Schedule as the Independent Auditor under the Auditor‑General Act 1997.

(3) The appointment is for a term that commences on the commencement of this Schedule and ends on the expiry of the arrangement referred to in subitem (1).

(4) While the person holds office as Independent Auditor in accordance with this item, the person is entitled to be paid fees and allowances in accordance with the arrangement referred to in subitem (1), but is not entitled to be paid fees or allowances under clause 3 of Schedule 2 to the Auditor‑General Act 1997.