49CIndependent auditor to prepare auditor’s report

#### 49C Independent auditor to prepare auditor’s report 49C Independent auditor to prepare auditor’s report > > (1) A pre-paid funeral fund must cause an independent auditor— > > > > > (a) to audit the records that the fund is required to keep under any law, including the accounts of the fund, and > > > > > (b) to furnish it with a report of that audit within 3 months after the last day of the fund’s financial year. > > > > Maximum penalty—10 penalty units. > > > (2) A pre-paid funeral fund must, within 7 days of receiving a report under subsection (1) (b), lodge with the Secretary— > > > > > (a) a copy of the report, and > > > > > (b) a copy of every financial statement on which the report is based, together with every explanatory note that forms part of such a statement. > > > > Maximum penalty—10 penalty units. > > **s 49C:** Ins 2003 No 61, Sch 1 \[35\].