Queensland Consolidated Acts

BUILDING INDUSTRY FAIRNESS (SECURITY OF PAYMENT) ACT 2017 - SECT 57A

57A Account review report

(1) The auditor engaged by a trustee to carry out a review of a trust account under section 57 must prepare, and give to the trustee, a report (an
"account review report" ) for the account as required by regulation.

Penalty—

Maximum penalty—200 penalty units.

(2) The auditor must give the commissioner a copy of the account review report, in the approved way, within 20 business days after completing the relevant review.

Penalty—

Maximum penalty—50 penalty units.

(3) When complying with subsection (2) , the auditor must also give the trustee a copy of the account review report.

Penalty—

Maximum penalty—50 penalty units.