Gas Supply Act 2003
sec.270ZHResponsibility for cost of audit
Start here
Get a plain-English read of sec.270ZH
Turn the raw legal text into a practical explanation grounded in Gas Supply Act 2003.
sec.270ZH Responsibility for cost of audit
A distributor required under section 270ZG (1) to carry out, or appoint an independent auditor to carry out, an audit is responsible for the cost of the audit. If QCA appoints an independent auditor to carry out an audit concerning a distributor, the distributor must reimburse QCA for the cost of the audit if required to do so by QCA. s 270ZH ins 2006 No. 60 s 145 amd 2014 No. 48 s 183 sch 1 (sec.270ZH-ssec.1) A distributor required under section 270ZG (1) to carry out, or appoint an independent auditor to carry out, an audit is responsible for the cost of the audit. (sec.270ZH-ssec.2) If QCA appoints an independent auditor to carry out an audit concerning a distributor, the distributor must reimburse QCA for the cost of the audit if required to do so by QCA.