Canada Elections Act
Marginal note:Auditor’s report
403.37 (1) The auditor of a registered association that has, in a fiscal period, accepted contributions of $5,000 or more in total or incurred expenses of $5,000 or more in total shall report to the association’s financial agent on the financial transactions return of the association and shall, in accordance with generally accepted auditing standards, make any examination that will enable the auditor to give an opinion in the report as to whether it presents fairly the information contained in the financial records on which it is based.
(2) The auditor shall include in the report under subsection (1) any statement the auditor considers necessary if
(a) the financial transactions return that is the subject of the report does not present fairly the information contained in the financial records on which it is based; or
(b) based on the examination, it appears that proper accounting records have not been kept by the registered association.
Marginal note:Right of access
(3) The auditor shall have access at any reasonable time to all documents of the association and may require the financial agent and electoral district agents of the association to provide any information or explanation that, in the auditor’s opinion, may be necessary to enable the auditor to prepare the report.
- 2003, c. 19, s. 23
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