Commonwealth Numbered Acts

DAIRY PRODUCE ACT 1986 No. 54 of 1986 - SECT 81

81. (1) The Corporation auditor shall inspect and audit the accounts and
records of financial transactions of the Corporation and the records relating
to assets of, or in the custody of, the Corporation, and shall forthwith draw
the attention of the Minister to any irregularity disclosed by the inspection
and audit that, in the opinion of the Corporation auditor, is of sufficient
importance to justify so doing.

(2) The Corporation auditor may dispense with all or a part of the detailed
inspection and audit of any accounts or records referred to in sub-section
(1).

(3) The Corporation auditor shall, at least once in each financial year,
report to the Minister the results of the inspection and audit carried out
under sub-section (1).

(4) The Corporation auditor or a person authorised by the Corporation auditor
is entitled at all reasonable times to full and free access to all accounts,
records, documents and papers of the Corporation relating directly or
indirectly to the receipt or payment of moneys, or to the acquisition,
receipt, custody or disposal of assets, by the Corporation.

(5) The Corporation auditor or a person authorised by the Corporation auditor
may make copies of, or take extracts from, such accounts, records, documents
or papers.

(6) The Corporation auditor or a person authorised by the Corporation auditor
may require a person to furnish such information in the possession of the
person, or to which the person has access, as the Corporation auditor or
authorised person considers necessary for the purposes of the functions of the
Corporation auditor under this Act, and the person shall comply with the
requirement.
Penalty for an offence against sub-section (6):

   (a)  in the case of a natural person-a fine of $1,000; or

   (b)  in the case of a body corporate-a fine of $5,000.