Veterans’ Entitlements (Special Disability Trust — Trust Deed, Reporting and Audit Requirements) Determination 2023
13Qualifications of persons preparing audit
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13 Qualifications of persons preparing audit
For paragraph 52ZZZWG(5)(a) of the Act, the audit of the trust must be prepared by a person who: (a) is a member of: (i) CPA Australia; or (ii) Chartered Accountants Australia and New Zealand; or (iii) the Institute of Public Accountants; and (b) is not the person who prepared, or is preparing, any of the financial statements about the trust for the period to which the audit relates; and (c) is not an immediate family member of any of the following: (i) the principal beneficiary of the trust; (ii) a residuary beneficiary of the trust; (iii) a trustee of the trust.