Telecommunications (Approved Auditors and Auditing Requirements) Determination Variation 2011 (No. 1) (Cth)

Case

Telecommunications (Approved Auditors and Auditing Requirements) Determination Variation 2011 (No 1)[1]

The AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY makes this instrument under subsection 136C(5) of the Telecommunications Act 1997.

Dated     26 September 2011

Chris Chapman


[signed]
Member


Brendan Byrne


[signed]
Member/General Manager


Australian Communications and Media Authority

  1. Name of instrument

This instrument is the Telecommunications (Approved Auditors and Auditing Requirements) Determination Variation 2011 (No 1).

  1. Commencement

This instrument commences on the day after it is registered.

  1. Variation of Telecommunications (Approved Auditors and Auditing Requirements) Determination 2006

Schedule 1 varies the Telecommunications (Approved Auditors and Auditing Requirements) Determination 2006.   

Schedule 1        Variations

(section 3)

[1]            Section 3

Omit the section, including the heading 

Insert

3              Definitions

In this Determination:

Act means the Telecommunications Act 1997;

refundable cost has the meaning given by section 136E of the Act; and

statement of costs means a written statement of the kind referred to in subparagraph 136C(1)(e)(i) of the Act.

Note   ACMA is defined in section 7 of the Act.

[2]            Section 4, after Act,

Insert

the

[3]            Section 6

Omit the section, including the heading 

Insert

6              Approved auditing requirements

For paragraph 136C(5)(b) of the Act, the approved auditing requirements are:

(a)     a statement of costs must only include costs that are refundable costs; and

(b)    each of the costs listed in a statement of costs must be accurate and supported by relevant documentary evidence demonstrating that the costs have been incurred.


Note

  1.           All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See

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