Corporations Act 2001

CHAPTER 2M - FINANCIAL REPORTS, SUSTAINABILITY REPORTS AND AUDIT  

PART 2M.3 - FINANCIAL AND SUSTAINABILITY REPORTING  

Division 6 - Special provisions about consolidated financial and climate statements  

SECTION 323A   AUDITOR ' S POWER TO OBTAIN INFORMATION FROM CONTROLLED ENTITY  

323A(1)    

An auditor who audits or reviews a financial report that includes consolidated financial statements or a sustainability report that includes consolidated climate statements:

(a)    has a right of access at all reasonable times to the books of any controlled entity; and

(b)    may require any officer of the entity to give the auditor information, explanations or other assistance for the purposes of the audit or review.

A request under paragraph (b) must be a reasonable one.

323A(2)    

The information, explanations or other assistance required under paragraph (1)(b) is to be given at the expense of the company, registered scheme, registrable superannuation entity or disclosing entity whose financial report is being audited or reviewed.