48DAudit fees for statement audits

48D Audit fees for statement audits

(1) If financial statements relating to the Administration are audited as mentioned in section 48C, the Administration is liable to pay audit fees for the audit, based on a scale of fees determined by the Auditor‑General. (2) If financial statements relating to a Territory authority are audited as mentioned in section 48C, the authority is liable to pay audit fees for the audit, based on a scale of fees determined by the Auditor‑General. (3) Fees are payable within 30 days after issue of a payment claim. Payment claims for instalments may be issued before the audit is completed. (4) The Auditor‑General, on behalf of the Commonwealth, may recover unpaid fees as a debt in a court of competent jurisdiction. (5) In the annual report under section 28 of the Auditor‑General Act 1997, the Auditor‑General must include details of the basis on which the Auditor‑General determined the audit fees that applied during the financial year concerned. (6) This section does not authorise the imposition of taxation within the meaning of section 55 of the Constitution.