Western Australian Consolidated Acts Western Australian Consolidated Acts (1) It is a condition
of every licence that the licensee is to, not less than once in every period
of 24 months (or such longer period as the Authority allows) calculated
from the grant of the licence, provide the Authority with a performance audit
conducted by an independent expert acceptable to the Authority.
(2) A performance
audit is an audit of the effectiveness of measures taken by the licensee to
meet —
(a) the
standards referred to in section 11Z; and
(b)
performance criteria specified in the licence.
(3) The Authority is
to present to the Minister a report on each performance audit within
2 months after its receipt of the audit.
[Section 11ZA inserted by No. 20 of 1999
s. 8; amended by No. 67 of 2003 s. 62.]
[Heading inserted by No. 53 of 2004
s. 37.]