Water Industry Competition (General) Regulation 2024
54Appointment and engagement of auditors
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54 Appointment and engagement of auditors
54 Appointment and engagement of auditors
(1) IPART may, by written notice, appoint a person, including a member of staff of IPART, as an auditor for—
(a) audits generally, or
(b) a specified audit or class of audits.
(2) An audit must be undertaken by an auditor appointed by IPART under subsection (1).
(3) IPART may by written notice—
(a) engage an auditor to undertake an audit, or
(b) direct the applicant or the licensee subject to the audit to engage a specified auditor or an auditor from a panel of auditors to undertake an audit.
(4) The written notice may specify the following—
(a) the scope of the audit,
(b) the functions of the auditor,
(c) limitations on the functions of the auditor.