34Other audits

34 Other audits

(1) The Secretary may appoint a registered greenhouse and energy auditor as an audit team leader to carry out an audit of compliance with one or more aspects of this Act or the rules by: (a) an entity that is subject to the minimum stockholding obligation; or (b) if an entity that is subject to the minimum stockholding obligation has an Australian controlling corporation—the Australian controlling corporation. (2) The Secretary must give the entity that is to be audited written notice of a decision to appoint an audit team leader under subsection (1). The notice must: (a) specify the audit team leader; and (b) specify the period within which the audit is to be undertaken; and (c) specify the type of audit to be carried out; and (d) specify the matters to be covered by the audit; and (e) be given to the entity at a reasonable time before the audit is to be undertaken. (3) An affected entity in relation to an audit must provide the audit team leader and any audit team members with all reasonable facilities and assistance necessary for the effective exercise of the audit team leader’s duties under this Division or rules made for the purposes of this Division.

Civil penalty: 250 penalty units.

(4) If an entity is given a notice under subsection (2), the entity must arrange for the audit team leader to carry out the audit.

Civil penalty: 250 penalty units.