CORPORATIONS ACT 2001
|PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS
|Division 70 - Information
|Subdivision C - Record-keeping
The Court may order that an audit of the books referred to in section 70-5 (annual administration return), 70-6 (end of administration return) or 70-10 (administration books) be conducted by a registered company auditor.
The order may be made on application of:
(a) any person with a financial interest in the external administration of the company; or
(b) an officer of the company.
Paragraph (2)(b) has effect despite section 198G.
Note: Section 198G deals with powers of officers etc. while a company under external administration.
The Court may make such orders in relation to the audit as it thinks fit, including:
(a) the preparation and provision of a report on the audit; and
(b) orders as to the costs of the audit.