Federal Register of Legislation - Australian Government

Primary content

Audit Regulations (Amendment)

  • - C2004L00694
  • No longer in force
SR 1995 No. 242 Regulations as made
These Regulations amend the Audit Regulations.
Tabling HistoryDate
Tabled HR28-Aug-1995
Tabled Senate28-Aug-1995
Gazetted 16 Aug 1995
Date of repeal 01 Jan 1998
Repealed by Repeal of the enabling legislation by Audit (Transitional and Miscellaneous) Amendment Act 1997

Audit Regulations (Amendment) 1995 No. 242


Statutory Rules 1995 No. 242

Issued by the Authority of the Minister for Finance

Audit Act 1901

Audit Regulations (Amendment)

Subsection 71(1) of the Audit Act 1901 (the Act) provides that the Governor-General may make regulations (not inconsistent with the provisions of the Act) for carrying out the provisions of the Act. The attached Statutory Rules amended the Audit Regulations made pursuant to section 71.

Section 70BA of the Act provides that the Regulations may declare an authority, a body or a company in which the Commonwealth has a controlling interest, to be subject to the section. The effect of such a declaration is that, where the Auditor-General is required by the Act or other legislation to submit a report on an authority, body or company, the Auditor-General may authorise an officer to sign that report on the Auditor-General's behalf and when the report is submitted, it shall be taken to have been submitted by the Auditor-General.

The regulations amend the Audit Regulations by revising Schedules 1 and 2 to update the current lists of authorities, bodies and companies which are declared to be subject to section 70BA.

The declaration of these authorities, bodies and companies does not affect the Auditor-General's overall responsibility for the conduct of the audits undertaken. It merely permits the AuditorGeneral to authorise an officer to sign a report on his or her behalf, thus relieving the AuditorGeneral of some of the professional workload associated with that office. The Auditor-General will sign a report personally should circumstances arise which warrant him or her doing so.