24Audit

#### 24 Audit 24 Audit > > (1) The accounts of any person or organisation that for the time being holds an authority to conduct a fundraising appeal, in so far as those accounts relate to receipts and expenditure in connection with any such appeals, must be audited annually in accordance with the regulations. > > > (2), (3) (Repealed) > > > (4) A person or organisation that fails to have accounts audited as required by this section is guilty of an offence. In the case of an unincorporated organisation, every trustee or other person who, at the time of offence, was a member of the governing body of the organisation is guilty of an offence. > > > > Maximum penalty—50 penalty units. > > > (5) The requirements of this section are in addition to the requirements of any other law (including the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth). > > > (6) The whole or any part of a report prepared for the purposes of this section in respect of a corporation may be included in an auditor’s report prepared for the purposes of the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth or any other law in respect of the corporation. > > > (7) Nothing in subsection (6) is intended to provide for the inclusion of any matter in an auditor’s report for the purposes of the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth or any other law of the Commonwealth if the inclusion of that matter would be contrary to the provisions of that Act or law. > > **s 24:** Am 2001 No 34, Sch 4.4 \[1\]–\[3\]; 2018 No 64, Sch 1\[24\].