Victorian Consolidated Legislation

Audit Act 1994 - SECT 16C

PART 3B FURTHER FUNCTIONS AND POWERS OF AUDITOR-GENERAL

Audits in relation to financial benefits given by the State or authorities

16C. Audits in relation to financial benefits given by the State or
authorities



(1) The Auditor-General may conduct any audit he or she considers necessary to
determine whether a financial benefit given by the State or an authority to a
person or body that is not an authority has been applied economically,
efficiently and effectively for the purposes for which it was given.

(2) The following sections of this Act apply to an audit under this section as
if references in those sections to an authority were references to the person
or body that received the financial benefit-

   (a)  section 11 (power to call for persons and documents);

   (b)  section 12 (access to information);

   (c)  section 13 (auditing standards);

   (d)  section 14 (offences);

   (e)  section 16 (audit reports to Parliament);

   (f)  section 16F (giving information during the course of an audit);

   (g)  section 20A (improper use of information).

(3) In this section-

financial benefit means any form of financial benefit, other than a financial
benefit received by a person or body as consideration for goods or services
provided by them under an agreement entered into on commercial terms. Example
An example of a financial benefit is a payment made by a department to a body
that is not obliged to provide goods or services of approximately equal value
directly back to the department in return.