Western Australian Numbered Acts

LEGAL PROFESSION ACT 2008 (NO. 21 OF 2008) - SECT 389

389 .         Audit of expenditure

        (1)         A body to whom money is paid under section 388(4)(b) or (c) must —

            (a)         maintain accounts of the money received and of its expenditure; and

            (b)         at the end of each financial year cause those accounts to be audited by a registered company auditor as defined in the Corporations Act; and

            (c)         deliver a copy of the audit report to the Minister, the Trust and the Board.

        Penalty: a fine of $5 000.

        (2)         The Minister must within 14 days after the day on which a copy of an audit report is received by the Minister cause a copy of the report to be laid before each House of Parliament or dealt with under section 595.