Associations Incorporation Act 2015
Subdiv 3Tier 3 associations
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Subdivision 3 — Tier 3 associations
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Obligation to prepare annual financial report 53
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Audit of financial report 53
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Financial reporting to annual general meeting 53
Division 4 — Special audit
- Commissioner may require special audit to be carried out 54
Division 5 — Reviews and audits
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Review or audit to be conducted in accordance with auditing standards 54
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Working papers to be retained for 7 years 54
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Reviewer’s or auditor’s independence declaration 55
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Reviewer’s report on financial statements or financial report 56
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Auditor’s opinion and report on financial statements or financial report 56
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Reporting breaches of Act to Commissioner 58
Division 6 — Provisions relating to reviewers and auditors generally
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Fees and expenses 59
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Information and assistance 59
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Right to attend general meeting and be heard 60
Division 7 — Appointment and removal of reviewers and auditors
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Appointment of reviewer or auditor 60
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Qualifications for appointment 62
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Removal of reviewer or auditor by resolution 62
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Reviewer or auditor may make representations 63
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Exemption from section 90(2) requirements 64