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PETROLEUM (ONSHORE) ACT 1991 - SECT 83I Nature of voluntary audit

PETROLEUM (ONSHORE) ACT 1991 - SECT 83I

Nature of voluntary audit

83I 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.