N.J. Admin. Code § 14:3-12.2

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

Section 14:3-12.2 - Initiation of audit

(a) Where the Board determines that an audit of a utility is necessary or desirable, it shall order the audit to be performed and shall establish the objective, scope, and other factors it deems pertinent to said audit.

(b) The Board may require an audit to be performed by members of its staff or by an independent management consulting firm under the supervision of members of the Board's staff.

(c) The Board may require that a written agreement, setting forth all terms and conditions of the audit, be signed by authorized representatives of the utility and the selected consulting firm.

N.J. Admin. Code § 14:3-12.2

Amended by R.2008 d.119, effective 5/19/2008.
See: 39 N.J.R. 4077(b), 40 N.J.R. 2481(a).
Inserted designation (a); and added (b) and (c).