AUDIT REGULATIONS (AMENDMENT) 1988 NO. 4 

AUDIT REGULATIONS (AMENDMENT) 1988 NO. 4 
- TABLE OF PROVISIONS

1. Schedule 1-Part I  
2. Schedule 1-Part IAAA  
3. Schedule 1-Part IAA  
4. Schedule 1-Further amendments  
SCHEDULE 


1988 No. 4 AUDIT REGULATIONS (AMENDMENT)
- REG 1
Schedule 1-Part I


  1. Part I of Schedule 1 to the Audit Regulations is amended by omitting
items 1A and 1 and substituting the following items:
  "1AA    A.C.T. Institute of Technical and Further
          Education                                        3 IAAA
   1A     Australian Capital Territory Gaming and Liquor
          Authority                                        2 IAA
   1      Australian Capital Territory Health Authority    3 IA".


1988 No. 4 AUDIT REGULATIONS (AMENDMENT)
- REG 2
Schedule 1-Part IAAA


  2. Schedule 1 to the Audit Regulations is amended by inserting after Part I
the following Part:
                                  "PART IAAA
MODIFICATIONS OF DIVISION 3-A.C.T. INSTITUTE OF TECHNICAL AND FURTHER
EDUCATION
  1. Add at the end of section 63K the following subsection:
  '(2) In this section:
  (a)  a reference to moneys includes a reference to trust money;
  (b)  a reference to transactions and affairs includes a reference to
transactions and affairs relating to trust money or trust property; and
  (c)  a reference to assets includes a reference to trust property.'.
  2. Add at the end of section 63L the following subsection:
  '(8) In this section:
  (a)  a reference to moneys includes a reference to trust money;
  (b)  a reference to transactions includes a reference to transactions
relating to trust money or trust property; and
  (c)  a reference to assets includes a reference to trust property.'.
  3. Omit from subsection 63M (1) '30 June', substitute '31 December'.
  4. Insert after subsection 63M (1) the following subsection:
  '(1A) The report shall set out any direction given, under subsection 6 (3)
of the A.C.T. Institute of Technical and Further Education Ordinance 1987 of
the Australian Capital Territory, by the appropriate Minister to the authority
during the year to which the report relates.'.".


1988 No. 4 AUDIT REGULATIONS (AMENDMENT)
- REG 3
Schedule 1-Part IAA


  3. Part 1AA of Schedule 1 to the Audit Regulations is amended:
  (a)  by omitting from the heading "Part 1AA" and substituting "Part IAA";
  (b)  by omitting clause 5 and substituting the following clause:
     "5. Omit from subsection 63H (1) 'The authority shall', substitute
'Subject to subsection (4), the authority shall'."; and
  (c)  by omitting clause 7 and substituting the following clause:
     "7. Add at the end of section 63H the following subsection:
     '(4) The first report of its operations by the authority shall relate to
the period commencing on 30 June 1987 and expiring at the end of 30 June
1988.'.".


1988 No. 4 AUDIT REGULATIONS (AMENDMENT)
- REG 4
Schedule 1-Further amendments


  4. Schedule 1 to the Audit Regulations is amended as set out in the Schedule
to these Regulations.


1988 No. 4 AUDIT REGULATIONS (AMENDMENT) - SCHEDULE


                                    SCHEDULE
                                                                    Regulation
4 
                               FURTHER AMENDMENTS
  The following provisions of Schedule 1 to the Audit Regulations are
omitted:
  Clause 2 in Part IA, clause 2 in Part II, clause 1 in Part III, clause 2 in
Part IV, Part VA, clause 2 in Part VI, clause 2 in Part VIII, clause 2 in
Part
XI, clause 2 in Part X, Part XI.


- NOTES


1988 No. 4*1* AUDIT REGULATIONS*2* (AMENDMENT)



*1* Notified in the Commonwealth of Australia Gazette on 29 January 1988.
*2* Statutory Rules 1979 No. 284 as amended by 1981 Nos. 41, 259 and 348; 1982
No. 148; 1984 No. 125; 1985 Nos. 132, 302 and 303; 1986 No. 297; 1987 Nos. 30,
150 and 228.