214D Auditor’s report on annual return of loans

(1)

A party secretary must, before the Electoral Commission receives the return required by section 214C, obtain from the auditor appointed under section 206J a report on the return.

(2)

The auditor must state in the report whether, in the auditor’s opinion, the return fairly reflects the loans entered into by the party.

(3)

The auditor must make any examinations that the auditor considers necessary.

(4)

The auditor must specify in the report any case in which—

(a)

the return does not, in the auditor’s opinion, fairly reflect the loans entered into by or on behalf of the party:

(b)

the auditor has not received from the party secretary all the information that the auditor requires to carry out his or her duties:

(c)

proper records of loans entered into by or on behalf of the party have not, in the auditor’s opinion, been kept by the party secretary.

(5)

The auditor—

(a)

must have access at all reasonable times to all records, documents, and accounts that relate to the loans entered into by or on behalf of the party and that are held by the party or the party secretary; and

(b)

may require the party secretary to provide any information and explanation that, in the auditor’s opinion, may be necessary to enable the auditor to prepare the report.

Section 214D: inserted, on 25 March 2014, by section 41 of the Electoral Amendment Act 2014 (2014 No 8).