N.J. Admin. Code § 13:18-2.22

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:18-2.22 - Audits

(a) The Commission shall perform audits in accordance with the International Registration Plan Agreement.

(b) The Commission shall initiate and conduct audits as may be reasonably necessary to establish the existence of noncompliance with this subchapter.

(c) For the purpose of audit, investigation, or proceeding, the Commission shall administer oaths, subpoena witnesses, compel attendance, take evidence and require the production of any book, log, paper, correspondence, memorandum, agreement, contract, lease, or any other document, record, or report, deemed to be relevant or material to the inquiry.

(d) If all of the operational records are not located within New Jersey, the Commission shall require the registrant to fully reimburse the Commission for all costs that the Commission incurs in the performance of the audit.

(e) After completion of an audit, the Commission shall notify all member jurisdictions in which the registrant is apportionally registered as to the accuracy of the records maintained or preserved by the registrant.

(f) If a discrepancy is found in the records of a registrant in the performance of an audit, the Commission shall notify the registrant and furnish such information to the affected member jurisdictions.

N.J. Admin. Code § 13:18-2.22

Amended by R.2005 d.359, effective 11/7/2005.
See: 37 New Jersey Register 1484(a), 37 New Jersey Register 4299(a).
Substituted "Commission" for "Division" throughout.