13APrudential standards or reporting and auditing requirements

13A Prudential standards or reporting and auditing requirements

13A Prudential standards or reporting and auditing requirements

(1) The Minister may, by order published in the Gazette, declare that prudential standards, or reporting and auditing requirements, specified or described in the order are standards or requirements that apply to the Corporation in the exercise of functions of the Corporation described in the order.

(2) Before making an order under this section, the Minister is to consult the Corporation on the proposed standards or requirements.

(3) An order under this section takes effect on the day specified in the order.

(4) The Corporation must comply with any prudential standard or reporting or auditing requirement applying to it by an order under this section.

s 13A: Ins 2015 No 52, Sch 1 [4].