8Process after audit completed

8 Process after audit completed

(1) For the purposes of subsection 53(3) of the Act, an auditor who completes an audit must: (a) as soon as reasonably practicable after the audit is completed, notify the relevant person for the audit, orally or in writing, that the audit is completed; and (b) within 14 days after the day the audit is completed, make a written report (an audit report) of the audit and give a copy of the audit report to: (i) the Secretary, in the manner approved by the Secretary; and (ii) the relevant person for the audit. (2) The audit report must include the following: (a) the name of the auditor; (b) the day the audit commenced, the day the audit was completed, and the total time spent (in hours) conducting the audit; (c) the name of the relevant person for the audit; (d) a description of the operations to which the audit relates; (e) a description of the scope of the audit; (f) the findings of the audit including whether, in the auditor’s opinion, there is, or there has been, a failure to comply with the requirements of the Act in relation to a matter to which the audit relates, including a contravention of the conditions of a permit (if any); (g) the reasons for the auditor’s findings. (3) The audit report may also: (a) identify any risk of a potential non‑compliance with a requirement of the Act in relation to a matter to which the audit relates; and (b) include recommendations that any of the following actions be taken: (i) action to address any non‑compliance with any of those requirements; (ii) action to address the risk of a potential non‑compliance with any of those requirements.