VICIn ForceAct
Federation University Australia Act 2010
49Audit of limited company
Start here
Get a plain-English read of 49
Turn the raw legal text into a practical explanation grounded in Federation University Australia Act 2010.
49 Audit of limited company
(1) If the University—
(a) forms, participates in the formation of, or is a member of, a limited company to which section 48 applies; and
(b) has control, within the meaning of section 3 of the Audit Act 1994, of that limited company—
the accounts of the limited company must be audited annually by the Auditor-General.
(2) The requirements of subsection (1) are in addition to the requirements of the Corporations Act.