sec.767Auditor’s powers

### sec.767 Auditor’s powers An auditor of a reporting unit must— audit the financial report of the reporting unit for each financial year; and make a report for the year to the reporting unit in accordance with section 768 . Maximum penalty—100 penalty units. An auditor, or a person authorised by an auditor for this subsection— is entitled at all reasonable times to full and free access to all records and other documents of the reporting unit relating directly or indirectly to the receipt or payment of amounts, or to the acquisition, receipt, custody or disposal of assets, by the reporting unit; and is entitled to seek from any designated officer, or employee of the reporting unit, the information and explanations that the auditor or authorised person wants for the audit. If an auditor asks an officer, employee or member of an organisation to produce records or other documents under subsection (2) (a) , the request must— be in writing; and state the nature of the records or other documents to be produced; and state how and where the records or other documents are to be produced; and state a period (of at least 14 days after the notice is given) within which the records or other documents are to be produced. A person authorised for subsection (2) can not exercise a power under that subsection until the auditor gives the reporting unit a notice setting out the person’s name and address. (sec.767-ssec.1) An auditor of a reporting unit must— audit the financial report of the reporting unit for each financial year; and make a report for the year to the reporting unit in accordance with section 768 . Maximum penalty—100 penalty units. (sec.767-ssec.2) An auditor, or a person authorised by an auditor for this subsection— is entitled at all reasonable times to full and free access to all records and other documents of the reporting unit relating directly or indirectly to the receipt or payment of amounts, or to the acquisition, receipt, custody or disposal of assets, by the reporting unit; and is entitled to seek from any designated officer, or employee of the reporting unit, the information and explanations that the auditor or authorised person wants for the audit. (sec.767-ssec.3) If an auditor asks an officer, employee or member of an organisation to produce records or other documents under subsection (2) (a) , the request must— be in writing; and state the nature of the records or other documents to be produced; and state how and where the records or other documents are to be produced; and state a period (of at least 14 days after the notice is given) within which the records or other documents are to be produced. (sec.767-ssec.4) A person authorised for subsection (2) can not exercise a power under that subsection until the auditor gives the reporting unit a notice setting out the person’s name and address. - (a) audit the financial report of the reporting unit for each financial year; and - (b) make a report for the year to the reporting unit in accordance with section 768 . - (a) is entitled at all reasonable times to full and free access to all records and other documents of the reporting unit relating directly or indirectly to the receipt or payment of amounts, or to the acquisition, receipt, custody or disposal of assets, by the reporting unit; and - (b) is entitled to seek from any designated officer, or employee of the reporting unit, the information and explanations that the auditor or authorised person wants for the audit. - (a) be in writing; and - (b) state the nature of the records or other documents to be produced; and - (c) state how and where the records or other documents are to be produced; and - (d) state a period (of at least 14 days after the notice is given) within which the records or other documents are to be produced.