49DQualifications as an independent auditor

#### 49D Qualifications as an independent auditor 49D Qualifications as an independent auditor > > (1) A person is not qualified to be an auditor of a pre-paid funeral fund unless the person is— > > > > > (a) a registered company auditor, or > > > > > (b) an authorised audit company. > > > (2) An auditor of a pre-paid funeral fund is not an independent auditor— > > > > > (a) if (otherwise than as an auditor) the person is an officer or employee of the fund, or > > > > > (b) if the person is a partner, employer or employee of a person who is (otherwise than as an auditor) an officer or employee of the fund. > > > (3) Appointment as the public officer of a pre-paid funeral fund for the purposes of any law relating to taxation does not in itself render a person unqualified to be an independent auditor of the fund. > > > (4) In this section— > > > > authorised audit company has the same meaning as in the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth. > > > > registered company auditor has the same meaning as in the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth. > > **s 49D:** Ins 2003 No 61, Sch 1 \[35\]. Am 2021 No 23, Sch 1.9\[1\] \[2\].