Document ID: chunk:federal_register_of_legislation:F2022L00739:body:0:p5
Version: federal_register_of_legislation:F2022L00739
Segment Type: other
Provision Reference: 
Character Range: 11234–14143

or (3), by written notice given to a primary universal service provider, require the primary universal service provider to engage, at its own cost, an external auditor to audit the compliance of the primary universal service provider with these Rules.

     (2)     The ACMA may require the primary universal service provider to obtain one initial audit in respect of each compliance report which the primary universal service provider is required to give to the ACMA under subsection 12(1).

     (3)     The ACMA may require the primary universal service provider to obtain one follow-up audit in respect of each initial audit required under subsection (2) if the ACMA forms a view on reasonable grounds that the initial audit is inadequate.

     (4)     The ACMA may only require an audit under subsection (1) if it forms a view on reasonable grounds that an audit is necessary.
   14 Audit terms of reference

     (1)     This section applies to a primary universal service provider that has received a notice given under subsection 13(1).

     (2)     The primary universal service provider must, no later than 21 days after receipt of the notice, or such longer period as the ACMA may agree in writing, give to the ACMA draft terms of reference of the audit.

     (3)     The ACMA may, by written notice given to the primary universal service provider:

        (a)     approve the draft terms of reference; or

        (b)     require the primary universal service provider to make changes to the draft terms of reference.

     (4)     Within 14 days after receipt of a notice given under paragraph (3)(b), or such longer period as the ACMA may agree in writing, the primary universal service provider must provide to the ACMA revised terms of reference.

     (5)     The ACMA may, by written notice given to the primary universal service provider:

        (a)     approve the revised terms of reference; or

        (b)     specify the terms of reference of the audit, provided that it has formed the view on reasonable grounds that the revised terms of reference do not give effect to the changes notified under paragraph (3)(b).
     (6)     The terms of reference of the audit must include:

        (a)     the objectives of the audit;

        (b)     the format of the auditor's opinion;

        (c)     the auditing standard or standards in accordance with which the audit must be conducted; and

        (d)     a timetable for the conduct of the audit, including the date by which the audit report is to be provided by the auditor to the primary universal service provider.

       Note: Section 16 sets out requirements relating to the provision of audit reports to the ACMA.
     (7)     The objectives of the audit must include determining whether the primary universal service provider:

        (a)     has prepared a compliance report required under section 11; and

        (b)