Funeral Benefit Business Regulation 2010
sec.36Auditor to advise registrar if request to examine other accounts is refused
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sec.36 Auditor to advise registrar if request to examine other accounts is refused
This section applies if— an auditor appointed by a registered corporation to audit its trust account or funeral benefit business trust fund considers that, to enable the auditor to decide whether the trust account or funeral benefit business trust fund has been properly kept and is in order and correct, it is necessary or desirable that the auditor should be permitted to examine another account of the corporation; and the auditor asks the corporation to produce for the auditor’s examination the other account; and the corporation refuses the auditor’s request. The auditor must promptly advise the registrar of the refusal. Maximum penalty—1 penalty unit. (sec.36-ssec.1) This section applies if— an auditor appointed by a registered corporation to audit its trust account or funeral benefit business trust fund considers that, to enable the auditor to decide whether the trust account or funeral benefit business trust fund has been properly kept and is in order and correct, it is necessary or desirable that the auditor should be permitted to examine another account of the corporation; and the auditor asks the corporation to produce for the auditor’s examination the other account; and the corporation refuses the auditor’s request. (sec.36-ssec.2) The auditor must promptly advise the registrar of the refusal. Maximum penalty—1 penalty unit.
- (a) an auditor appointed by a registered corporation to audit its trust account or funeral benefit business trust fund considers that, to enable the auditor to decide whether the trust account or funeral benefit business trust fund has been properly kept and is in order and correct, it is necessary or desirable that the auditor should be permitted to examine another account of the corporation; and
- (b) the auditor asks the corporation to produce for the auditor’s examination the other account; and
- (c) the corporation refuses the auditor’s request.