sec.36Auditors—functions

### sec.36 Auditors—functions An auditor has the following functions under this division— to inspect and audit, in each audit period, the trust accounts of each agent by whom the auditor is engaged; to make an audit report for the agent for the audit period; if the agent is an agent for the whole of the audit period—to make 2 unannounced examinations of the agent’s trust accounts during the audit period; if the agent is an agent for less than the whole audit period, but more than 6 months of the period—to make 1 unannounced examination of the agent’s trust accounts during the audit period. An auditor must not make an unannounced examination of an agent’s trust accounts within 2 months after the last day of the audit period or another unannounced examination. (sec.36-ssec.1) An auditor has the following functions under this division— to inspect and audit, in each audit period, the trust accounts of each agent by whom the auditor is engaged; to make an audit report for the agent for the audit period; if the agent is an agent for the whole of the audit period—to make 2 unannounced examinations of the agent’s trust accounts during the audit period; if the agent is an agent for less than the whole audit period, but more than 6 months of the period—to make 1 unannounced examination of the agent’s trust accounts during the audit period. (sec.36-ssec.2) An auditor must not make an unannounced examination of an agent’s trust accounts within 2 months after the last day of the audit period or another unannounced examination. - (a) to inspect and audit, in each audit period, the trust accounts of each agent by whom the auditor is engaged; - (b) to make an audit report for the agent for the audit period; - (c) if the agent is an agent for the whole of the audit period—to make 2 unannounced examinations of the agent’s trust accounts during the audit period; - (d) if the agent is an agent for less than the whole audit period, but more than 6 months of the period—to make 1 unannounced examination of the agent’s trust accounts during the audit period.