Victorian Numbered Acts

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UNIVERSITY OF BALLARAT ACT 2010 (NO. 5 OF 2010) - SECT 49

Audit of limited company

    (1)     If the University—

        (a)     forms, participates in the formation of, or is a member of, a limited company to which section 48 applies; and

        (b)     has control, within the meaning of section 3 of the Audit Act 1994 , of that limited company—

the accounts of the limited company must be audited annually by the Auditor-General.

    (2)     The requirements of subsection (1) are in addition to the requirements of the Corporations Act.



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