109Audit of product stewardship arrangements

#### 109 Audit of product stewardship arrangements (1) The Minister may require an audit to be conducted in relation to: (a) an accredited voluntary arrangement; or (b) an approved co‑regulatory arrangement; or (c) a member of an approved co‑regulatory arrangement; or (d) an accrediting authority other than the Minister; or (e) persons required by rules made for the purposes of subsection 92(1) to take, or not to take, specified action in relation to a specified product. (2) The audit must relate to one or more of the following matters: (a) for an audit mentioned in paragraph (1)(a)—whether the administrator of the arrangement is ensuring, or is likely to ensure, the outcomes referred to in paragraph 71(a) are achieved; (b) for an audit mentioned in paragraph (1)(b)—whether the administrator of the arrangement is complying with, or is likely to comply with, section 81; (c) for an audit mentioned in paragraph (1)(c)—activities of the member in relation to the arrangement; (d) for an audit mentioned in paragraph (1)(d)—whether the accrediting authority is complying with, or is likely to comply with, rules made for the purposes of section 70; (e) for an audit mentioned in paragraph (1)(e)—whether the person is taking, or is likely to take, the specified action in relation to the product; (f) any other matter prescribed by the rules. (3) The audit may include an audit of financial statements conducted in accordance with any standard issued by the Auditing and Assurance Standards Board that applies to the audit, as in force from time to time. (4) The audit may deal with anything that is: (a) reasonably necessary for the effective conduct of the audit; or (b) incidental to the matter to which the audit relates. (5) Without liming subsection (1), an audit may include inspections of products covered by the arrangement or the rules (as the case may be). Who may conduct audit (6) The audit may be conducted by: (a) an authorised officer; or (b) an approved auditor.