Article 36. Audit at an initiative

A legal entity, its owner, participants and shareholders holding at least five percent of a share in the authorized fund (authorized capital), as well as supervisory or law enforcement bodies, may act as customers of an initiative audit.

An audit initiated by regulatory or law enforcement authorities is carried out and paid for on the basis of a contract concluded between the audit organization and these agencies. At the same time, it is not allowed to re-engage the same audit organization by the regulatory or law enforcement authorities to audit the activities of the same economic entity on the same grounds.

Payment for conducting an audit at an initiative is made at the expense of the person or body that initiated the audit.

The subject, terms and other conditions for conducting an audit at an initiative are determined by an audit contract concluded between the customer of the audit and the audit organization.