29PDObligation on auditor to answer questions

#### 29PD Obligation on auditor to answer questions (1) This section applies if: (a) a person is required by subsection 29P(3) or (3A) to attend an annual members’ meeting for a registrable superannuation entity for a year of income of the entity; and (b) a member of the entity asks the person a question at the meeting. (2) The person must answer the question at the meeting or, if it is not reasonably practicable to do so, within 1 month after the meeting. Penalty: 50 penalty units. (3) Subsection (2) does not apply: (a) if the question is not relevant to: (i) an action, or failure to act, by the RSE licensee in relation to the registrable superannuation entity or one or more members of the registrable superannuation entity; or (ii) the registrable superannuation entity; or (iii) an audit of the registrable superannuation entity carried out by the individual RSE auditor, the RSE audit firm or the RSE audit company, as the case may be; or (iv) any matter that might reasonably be expected to be apparent to the auditor of the entity in relation to the entity; or (b) if it would be in breach of the governing rules of the registrable superannuation entity, this Act or any other law to answer the question; or (c) if answering the question would result in detriment to the members of the registrable superannuation entity, taken as a whole; or (d) in any other circumstances prescribed by the regulations.