65Category A biodiversity project reports—audit reports

65  Category A biodiversity project reports—audit reports

 (1) For the purposes of subparagraph 103(1)(d)(i) and (e)(i) of the Act, an audit report that meets the requirements in subsection (2) for the audit of a category A biodiversity project report (the audited report) about a registered biodiversity project is prescribed.

 (2) The audit report must:

 (a) be an assurance engagement report; and

 (b) cover the reporting period for the audited report; and

 (c) address whether, at the time of the audit, the project:

 (i) meets the criteria for the approval of the registration of the project under paragraphs 15(4)(a), (b), (c), (e) and (n) of the Act; and

 (ii) is being carried out in accordance with the methodology determination (the applicable methodology determination) that covers the project and the project plan (if any) for the project; and

 (d) address whether the audited report has met all relevant requirements under the Act, this instrument and the applicable methodology determination; and

 (e) if another audit has, during the reporting period, been carried out in respect of the project—address whether, and how, any issues raised in that audit have been addressed; and

 (f) if any information required to be in the audited report in respect of a period was instead provided in a category B biodiversity project report for the period—address whether the category B biodiversity project report:

 (i) was given to the Regulator; and

 (ii) met the requirements of section 104 of the Act in respect of the information and the period; and

 (g) address whether the project is sufficiently progressed to have resulted in, or be likely to result in, the biodiversity outcome for the project; and

 (h) address any other matter that the Regulator and the project proponent have agreed should be included in the report; and

 (i) include the outcome of the audit.

Subdivision B—Category B biodiversity project reports