(c) this power of delegation. S. 7G(1)(c) inserted by No. 36/2003 s. 10(1)(a). (2) The Auditor-General may delegate to a registered S. 7G(2) substituted by company auditor who is not employed in the No. 36/2003 Victorian Auditor-General's Office the power to s. 9(2), amended by express an audit opinion under section 9 on the No. 36/2003 financial statements of an authority only if the s. 10(1)(b). total expenditure disclosed in those financial statements does not exceed the threshold amount. (2A) The Auditor-General cannot delegate any function S. 7G(2A) inserted by or power to a person who holds an appointment No. 36/2003 under section 19. s. 10(2). (3) For the purposes of subsection (2), the threshold is— amount (a) for financial statements in respect of the S. 7G(3)(a) substituted by financial years, or any part of the financial No. 36/2003 years, commencing on 1 July 2002 and s. 9(3)(a). 1 July 2003—$5 000 000; (b) for financial statements in respect of a S. 7G(3)(b) amended by subsequent financial year, or any part of a Nos 36/2003 subsequent financial year—the amount s. 9(3)(b)(i)(ii), 44/2014 determined in accordance with the formula— s. 33(Sch. item 3). where— A is the all groups consumer price index for Melbourne in original terms for the reference period in which falls the March quarter of the previous financial year last published by the Australian Bureau of Statistics as at 15 June in the previous financial year; B is the all groups consumer price index for Melbourne published by the
S. 7G(1)(c) inserted by No. 36/2003 s. 10(1)(a). (c) this power of delegation. S. 7G(2) substituted by No. 36/2003 s. 9(2), amended by No. 36/2003 s. 10(1)(b). (2) The Auditor-General may delegate to a registered company auditor who is not employed in the Victorian Auditor-General's Office the power to express an audit opinion under section 9 on the financial statements of an authority only if the total expenditure disclosed in those financial statements does not exceed the threshold amount. S. 7G(2A) inserted by No. 36/2003 s. 10(2). (2A) The Auditor-General cannot delegate any function or power to a person who holds an appointment under section 19. (3) For the purposes of subsection (2), the threshold amount is— S. 7G(3)(a) substituted by No. 36/2003 s. 9(3)(a). (a) for financial statements in respect of the financial years, or any part of the financial years, commencing on 1 July 2002 and 1 July 2003—$5 000 000; S. 7G(3)(b) amended by Nos 36/2003 s. 9(3)(b)(i)(ii), 44/2014 s. 33(Sch. item 3). (b) for financial statements in respect of a subsequent financial year, or any part of a subsequent financial year—the amount determined in accordance with the formula— where— A is the all groups consumer price index for Melbourne in original terms for the reference period in which falls the March quarter of the previous financial year last published by the Australian Bureau of Statistics as at 15 June in the previous financial year; B is the all groups consumer price index for Melbourne published by the