AUDIT ACT 1994 - SECT 10 Audit of public bodies

AUDIT ACT 1994 - SECT 10

    (1)     The financial statements of each public body must be audited by the Auditor-General—

        (a)     from time to time; and

        (b)     at least once in each year.

    (2)     The Auditor-General may dispense with all or any part of an audit of the financial statements of a public body in any year.

    (3)     The Auditor-General may audit any report of operations of a public body under section 45 of the Financial Management Act 1994 to determine whether any performance indicators in the report of operations—

        (a)     are relevant to any stated objectives of the public body; and

        (b)     are appropriate for the assessment of the public body's actual performance; and

        (c)     fairly represent the public body's actual performance.

S. 11 substituted by No. 12/2019 s. 9.