✨ Schedule for Auditor's Report
1702 NEW ZEALAND GAZETTE No. 62
SCHEDULE 1
FORM OF AUDITOR’S REPORT ON THRESHOLD COMPLIANCE STATEMENTS
To the readers of the threshold compliance statements of [insert name].
I/We have examined the attached statement, being a threshold compliance statement in respect of a price path and/or quality threshold that was prepared by [insert name of lines business] for assessment on [insert assessment date] and dated [insert date] for the purposes of information requirements set out in clause 7 of the Commerce Act (Electricity Lines Thresholds) Notice 2003 (“the Notice”).
Directors’ Responsibilities
Clause 7 of the Notice requires the Directors of [insert name of lines business] to prepare certificates that confirm the compliance, or otherwise, of [insert name name of lines business] with the thresholds set out in clauses 4, 5 and 6 of that Notice.
Auditor’s Responsibilities
It is my/our responsibility to express an independent opinion on the threshold compliance statements certified by the Directors and report my/our opinion to you.
Basis of Opinion
My/Our audit included examination, on a test basis, of evidence relevant to the amounts and disclosures in the attached threshold compliance statements. It also included assessment of the significant estimates and judgments, if any, made by the lines business in the preparation of the threshold compliance statements and assessment of whether the basis of preparation had been adequately disclosed.
I/We planned and performed my/our audit so as to obtain all the information and explanations which I/we considered necessary. I/We obtained sufficient evidence to give reasonable assurance that the statement is free from material misstatements, whether caused by fraud or error or otherwise. In forming my/our opinion I/we also evaluated the overall adequacy of the presentation of information in the statement.
Other than in my/our capacity as auditor I/we have no relationship with or interests in [insert name of lines business] other than our capacity as auditor/other than our capacity as auditor and [insert relationship and/or interests including statement verifying that no conflict of interest exists].
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 62
Gazette.govt.nz —
NZ Gazette 2003, No 62
✨ LLM interpretation of page content
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Schedule 1: Form of Auditor’s Report on Threshold Compliance Statements
(continued from previous page)
🏭 Trade, Customs & Industry6 June 2003
Auditor's Report, Threshold Compliance, Commerce Act, Electricity Lines, Regulations