124Simplified outline of this Part

124  Simplified outline of this Part

The Regulator may require audits of one or more aspects of a person’s compliance with this Act or certain provisions of the Criminal Code.

Persons are required to provide facilities and assistance to auditors, including by providing relevant information and documents on the request of an auditor.

Limitations apply to use or disclosure of protected audit information unless the use or disclosure is:

 (a) authorised by a provision of this Act; or

 (b) authorised or required by a law of the Commonwealth or a law of a State or Territory prescribed by the rules.

An audit team leader or person assisting an audit team leader is authorised to use or disclose audit information in certain circumstances.

Division 2—Audits