Australian Capital Territory Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

TERRITORY-OWNED CORPORATIONS ACT 1990 - SECT 18

Audit

    (1)     A territory-owned corporation or a subsidiary, or the directors of such a corporation or of a subsidiary, must not appoint a person other than the auditor-general as auditor of the company.

    (2)     A company that has appointed the auditor-general as its auditor must pay the auditor-general's reasonable fees and expenses.

    (3)     In default of agreement the reasonable fees and expenses of the auditor-general are to be decided by the Treasurer.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback