Queensland Consolidated Acts

QUEENSLAND BUILDING SERVICES AUTHORITY ACT 1991 - SECT 50A

(1) The Minister may approve a program (an approved audit program) under which the authority may audit licensees for 1 of the following purposes--

(a) to find out if they continue to satisfy the relevant financial requirements stated in the board's policies;

(b) to find out if they have been complying with part 4A or part 5;

(c) to find out if they have been complying with the Domestic Building Contracts Act 2000.

(2) An approved audit program must state the following--

(a) the purpose of the program;

(b) when the program starts;

(c) the period over which the program is to be carried out;

(d) objective criteria for selecting licensees who are to be the subject of audit;

(e) if the licensees to be audited are to be selected from licensees holding licences of a particular class, a description of the class.

(3) Despite anything in an approved audit program, a licensee may be the subject of an audit under an approved audit program for a purpose only if there has not been an audit of the licensee under an approved audit program for that purpose within the preceding 2 years.