Audit Act 1901 — Australia law | Esheria

Audit Act 1901

This part sets out the Audit Act 1901’s main definitions and gives the Auditor-General, Minister, Governor-General, and Department Secretaries roles in audit, reporting, access to records, and administration.

Jurisdiction
Australia
Instrument
Act or statute
Status
Repealed
Version
Undated source snapshot
Language
en
Official source
View official record ↗
access to records annual reporting audit access audit compliance audit fees audit oversight audit reporting exempt accounts financial reporting financial statements funds management government accounting government accounts government regulations guidelines official directions public accounts public money handling public property losses public-interest certificates records access records production

Statute overview

About this statute

This part sets out the Audit Act 1901’s main definitions and gives the Auditor-General, Minister, Governor-General, and Department Secretaries roles in audit, reporting, access to records, and administration. This part requires accounting officers to follow the Act and the Minister’s directions when handling public money, records, accounts, and securities. It also gives the Minister and Governor-General certain powers over banking, payments, and appropriations. This provision lets the Auditor-General conduct efficiency audits in several settings, sets reporting and access rules, and makes certain secrecy breaches an offence. The provision sets rules for how Loan Fund and Trust Fund money may be spent, lets the Minister create and close Trust Accounts, and gives the Auditor-General broad audit and access powers over bodies’ accounts and records. This segment gives the Auditor-General and Ministers powers over audits, fees, delegations, waivers, and exempt accounts, and creates offences for misuse of public money, false statements, and failure to comply with audit requirements.

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