Document ID: chunk:federal_register_of_legislation:C2007C00134:clause:2_27b
Version: federal_register_of_legislation:C2007C00134
Segment Type: clause
Provision Reference: sch 2 cl 27B
Character Range: 226860–227668

27B  Audit

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

 (3) The Auditor‑General must, as soon as practicable, report to the Minister any irregularity disclosed by the inspection and audit 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.

Superannuation Industry (Supervision) Act 1993