246UNature of voluntary audit

#### 246U Nature of voluntary audit 246U Nature of voluntary audit > > (1) For the purposes of this Division, a voluntary audit is an audit commissioned or carried out voluntarily, whether or not in relation to activities carried out under an authorisation. > > > (2) An audit is not voluntary if there is a contemporaneous requirement for a mandatory audit in relation to the same or substantially the same activity or other matter and the audits are to be carried out by the same person. > > **ss 246Q–246U:** Ins 2008 No 19, Sch 1 \[213\].