45Particular audit

#### 45 Particular audit 45 Particular audit > > (1) In accordance with a request of the Treasurer or a responsible Minister or prescribed requester in relation to a prescribed entity, the Auditor-General is to inspect and audit— > > > > > (a) for an entity (or entity of a kind) prescribed by the regulations as an entity to which this Division applies—the financial report of the entity and the books and records of financial transactions of or relating to— > > > > > > > (i) the entity, and > > > > > > > (ii) assets of or in the custody of the entity, or > > > > > (b) for an entity having the control or management of a fund or account (or fund or account of a kind) prescribed by the regulations as a fund or account to which this Division applies—the financial report of the entity and the books and records of financial transactions of or relating to the fund or account under the control or management of the entity. > > > (2) An authorised person must report to the prescribed entity, the Treasurer and the responsible Minister and any prescribed requester in relation to the entity as to the result of the inspection and audit and as to any irregularities or other matters that, in the judgment of the authorised person, call for special notice. > > > (3) The Auditor-General is to include a reference to any audit conducted under this section in the report referred to in section 52 (1). > > > (4) The prescribed entity must pay to the Auditor-General such amounts, at such times, as the Treasurer decides towards defraying the costs and expenses of any such inspection and audit. > > **s 45:** Am 1991 No 88, Schs 1 (4), 4 (14) (16); 2005 No 98, Sch 1.17 \[40\]. Subst 2018 No 70, Sch 2\[18\].