Document ID: chunk:federal_register_of_legislation:C2007C00134:clause:2_25b
Version: federal_register_of_legislation:C2007C00134
Segment Type: clause
Provision Reference: sch 2 cl 25B
Character Range: 164734–165526

25B  Audit

 (1) At least once a year, the Auditor‑General must:
 (a) inspect and audit:
 (i) the accounts and records of the Fund's financial transactions; and
 (ii) the records relating to assets of the Fund; and
 (b) report to the Minister the results of the inspection and audit.

 (2) The Auditor‑General may, however, decide to dispense with all or any part of the detailed inspection of the accounts and records.

 (3) The Auditor‑General must, as soon as practicable, report to the Minister any irregularity disclosed by the inspection that the Auditor‑General thinks is sufficiently important to be reported.

Note: For the information-gathering powers of the Auditor‑General, see Part 5 of the Auditor‑General Act 1997.

National Cattle Disease Eradication Trust Account Act 1991