Commonwealth Consolidated Acts

TERTIARY EDUCATION QUALITY AND STANDARDS AGENCY ACT 2011 - SECT 27

Providers must give TEQSA annual financial statements

  (1)   A registered higher education provider must give TEQSA a financial statement for each annual financial reporting period for which the provider is registered.

  (2)   The provider's annual financial reporting period is the period of 12 months:

  (a)   to which the provider's accounts relate; and

  (b)   that is notified, in writing, to TEQSA as the provider's annual financial reporting period.

  (3)   A statement given under subsection   (1) must be:

  (a)   in the approved form; and

  (b)   provided together with a report on the statement by an independent qualified auditor; and

  (c)   provided within 6 months after the end of the annual financial reporting period to which the statement relates.

TEQSA may approve additional persons as qualified auditors

  (4)   TEQSA may, in writing, approve a person as a qualified auditor for the purposes of this Act.