Auditor-General Regulation 2009


Queensland Crest
Auditor-General Regulation 2009

1Short title

This regulation may be cited as the Auditor-General Regulation 2009 .

2Commencement

This regulation commences on 1 July 2009.

3Definition

In this regulation—
parents and citizens association means a parents and citizens association formed under the Education (General Provisions) Act 2006 .

4Exemption of parents and citizens associations from audit by auditor-general—Act, s 31

(1)A parents and citizens association is exempted from audit by the auditor-general.
(2)A parents and citizens association must be audited each year by a person—
(a)appointed by the association each year at its annual general meeting or a special meeting; and
(b)who is—
(i)a member of CPA Australia who is entitled to use the letters ‘CPA’ or ‘FCPA’; or
(ii)a member of The Institute of Chartered Accountants in Australia who is entitled to use the letters ‘CA’ or ‘FCA’; or
(iii)a member of the Institute of Public Accountants who is entitled to use the letters ‘MIPA’ or ‘FIPA’; or
(iv)an employee of a public sector entity who has the maturity, commercial skills and experience to examine the books and accounts of the association; or
(v)an employee of an insurance company, financial institution or other financial or commercial organisation, who has the maturity, commercial skills and experience to examine the books and accounts of the association; and
(c)who, as far as is possible, is a local person aware of the activities of the association.
(3)However, a person who is a member of a parents and citizens association may audit the association only with the approval of the chief executive of the department in which the Education (General Provisions) Act 2006 is administered.

s 4 amd 2011 SL No. 190s 5

5Transitional provision for auditors appointed by an association

(1)This section applies if, before the commencement, a parents and citizens association appointed a person under former section 3 (2) to audit the association for a financial year.
(2)The person is taken to have been appointed under section 4 (2) of this regulation.
(3)In this section—
commencement means the commencement of this section.
former section 3(2) means section 3(2) of the Financial Administration and Audit Regulation 1995 , as in force before the commencement.