PETROLEUM (ONSHORE) ACT 1991 - SECT 83I Nature of voluntary audit
PETROLEUM (ONSHORE) ACT 1991 - SECT 83I
Nature of voluntary audit83I Nature of voluntary audit
(1) For the purposes of this Division, a
"voluntary audit" is an audit commissioned or carried out voluntarily, whether or not in relation to activities carried out under a petroleum title.
(2) An audit is not voluntary if there is a contemporaneous requirement for a mandatory audit in relation to the same or substantially the same activity or other matter and the audits are to be carried out by the same person.