98. Auditor of Commonwealth companies

(1) For each Commonwealth company, the Auditor-General is:

(a) to be the auditor of the company under the Corporations Act 2001; or

(b) if another person is the company’s auditor - to give a report on the company’s financial statements (see subsection 97(3)).

(2) The Auditor-General is (subject to subsection 99(3)) to audit the financial statements of each subsidiary of a Commonwealth company.

Related glossary terms: 

Last updated: 13 January 2016