Commonwealth Numbered Regulations

NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 (SLI NO 44 OF 2010) - REG 17

                For paragraph 100 (3) (b) of the Act, the trust account audit report must include a statement about the following matters:

                (a)    whether, in the opinion of the auditor, the licensee's trust accounts have been kept regularly and properly maintained;

               (b)    whether the auditor received all necessary records, information and explanations from the licensee;

                (c)    whether, in the opinion of the auditor, the licensee's trust accounts provide a true and fair view of the transactions recorded and the balance at the end of the relevant period;

               (d)    any other matter in relation to the trust accounts which should, in the opinion of the auditor, be communicated to ASIC.