Audit Act 1994
25Conduct of financial audits under a public purpose audit arrangement
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25 Conduct of financial audits under a public purpose audit arrangement
(1) If the Auditor-General enters into a public purpose audit arrangement, the Auditor-General must audit the financial statements of the entity that entered into the arrangement—
(a) from time to time; and
(b) at least once in each year.
(2) The Auditor-General may dispense with all or any part of the audit of the entity's financial statements in any year.
(3) After auditing an entity's financial statements, the Auditor-General must express a written audit opinion on the financial statements.
(4) The audit opinion must be expressed within 4 weeks after the day on which the financial statements were received by the Auditor-General for auditing.
New s. 26 inserted by No. 12/2019 s. 9.