Queensland Consolidated Regulations

HEAVY VEHICLE (GENERAL) NATIONAL REGULATION - REG 39

39 Auditor

(1) The financial statements must be audited by 1 of the following decided by the responsible Ministers—

(a) a public sector auditor;

(b) an appropriately qualified person other than a public sector auditor.

(2) For the purposes of subsection (1) (a) , the responsible Ministers may arrange with an Auditor-General for the Auditor-General to appoint or engage a contract auditor to perform the audit under the Auditor-General’s management.

(3) Subsection (2) does not limit subsection (1) (a) .

(4) In this section—

"appropriately qualified person" means—

(a) a member of CPA Australia who is entitled to use the letters ‘CPA’ or ‘FCPA’ and holds a current public practice certificate issued by CPA Australia; or

(b) a member of the Institute of Chartered Accountants in Australia who is entitled to use the letters ‘CA’ or ‘FCA’ and holds a current certificate of public practice issued by the institute; or

(c) a member of the Institute of Public Accountants who is entitled to use the letters ‘MIPA’ or ‘FIPA’ and holds a professional practice certificate issued by the institute.

"contract auditor" means a person appointed or engaged by an Auditor-General as a contract auditor who is not a member of the staff of the office managed by the Auditor-General.