New South Wales Consolidated Acts

PROPERTY AND STOCK AGENTS ACT 2002 - SECT 182

182 Appointment of accounts examiner to examine licensee's accounts

(1) The Secretary may, at any time and from time to time, appoint an appropriately qualified person as an accounts examiner to examine the accounts kept by a licensee in connection with the licensee's business.

(1A) The Secretary may only exercise the function under subsection (1) for the purpose of--

(a) safeguarding the Compensation Fund in relation to the affairs of the licensee, or

(b) investigating compliance with an Act or regulations administered by the Minister.

(2) A person is appropriately qualified for appointment if the person has such qualifications or experience as in the opinion of the Secretary are appropriate for the purpose of exercising functions under this Division.

(3) The appointment of an accounts examiner is to be by instrument in writing.

(4) The Secretary may publicly notify the appointment of an accounts examiner in relation to the accounts of a licensee.