Queensland Consolidated Regulations

FUNERAL BENEFIT BUSINESS REGULATION 2010 - REG 34

34 Examination on unscheduled visit

(1) This section applies unless a corporation has been registered for less than 6 months.

(2) A registered corporation must ensure that the auditor appointed to audit its trust account or funeral benefit business trust fund examines the corporation’s trust account or funeral benefit business trust fund on an unscheduled visit to the corporation.

Penalty—

Maximum penalty—1 penalty unit.

(3) The visit must take place at least 4 months before the end of each financial year.