11AAudit fees

11A Audit fees (1) This section applies to an entity if— (a) the entity’s annual financial statements are audited under the Financial Management Act; or (b) the entity’s accounts or records are audited under section 11 (Special financial audits); or (c) the entity’s accounts or records are audited under another territory law. (2) The entity is liable to pay to the auditor-general on behalf of the Territory fees for the audit based on a scale of fees decided by the auditor-general. (3) The fees are payable within 30 days after the day a claim for payment is given to the person by the auditor-general. (4) The auditor-general may make a claim for payment for an instalment of the fees before the audit is finished.

Part 3 Functions and powers Division 3.4 Performance audits Section 11B page 20 Auditor-General Act 1996 Effective: 18/09/24 R22 18/09/24 Authorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au (5) A report by the auditor-general under the Annual Reports (Government Agencies) Act 2004 must include details of the basis on which fees for audits conducted during the reporting period were decided by the auditor-general. Division 3.4 Performance audits