16 Performance audit


The Auditor-General may at any time examine—


the extent to which a public entity is carrying out its activities effectively and efficiently:


a public entity’s compliance with its statutory obligations:


any act or omission of a public entity, in order to determine whether waste has resulted or may have resulted or may result:


any act or omission showing or appearing to show a lack of probity or financial prudence by a public entity or 1 or more of its members, office holders, and employees.


An audit under this section may relate to 1 or more public entities.


Subsection (1)(a) does not apply to the Reserve Bank of New Zealand or any registered bank (as defined in section 2(1) of the Reserve Bank of New Zealand Act 1989).


If subsection (1)(a) applies and there is an applicable government or local authority policy to which the public entity is required to adhere, the examination is to be limited to the extent to which activities are being carried out effectively and efficiently in a manner consistent with that policy.