Corporations Act 2001
Note: See section 600K .PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS Division 70 - Information Subdivision C - Record-keeping CLAUSE 70-20 AUDIT OF ADMINISTRATION BOOKS - ON ORDER OF THE COURT 70-20(1)
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. 70-20(2)
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. 70-20(3)
Paragraph (2)(b) has effect despite section 198G .
Note: Section 198G deals with powers of officers etc. while a company under external administration.70-20(4)
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.
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