Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Finance Minister may grant a written exemption to the directors of a Commonwealth authority from the requirements of section 30, either generally or in relation to one or more subsidiaries.
(2) The exemption may be granted subject to conditions.
(3) The Finance Minister may, on behalf of the Commonwealth, engage a registered company auditor to investigate and report on an exemption application. For this purpose, registered company auditor means a person who is registered, or taken to be registered, as an auditor under the Corporations Act 2001 .
(4) The authority is liable to reimburse the Commonwealth for the costs of the investigation and report.
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