Victorian Consolidated Legislation

Conveyancers Act 2006 - SECT 89

Director's supervisory role in audits

89. Director's supervisory role in audits



(1) The Director may issue directions and guidelines in relation to the
conduct of audits under this Division.

(2) An approved auditor must comply with directions issued by the Director
under subsection (1).

(3) If the Director is satisfied that an approved auditor has failed to comply
with a direction issued under subsection (1), the Director may direct that the
auditor no longer examine the trust records of licensees.

(4) The Director must give an approved auditor a reasonable opportunity to
make written or oral submissions or both before giving a direction under
subsection (3) in relation to the auditor.

(5) A direction under subsection (3) must be published in the Government
Gazette, and takes effect on the day it is so published.