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Application provision

1.1 Unless otherwise stated, this Part applies to a credit union.

15.1

03/02/2016

A credit union must establish and maintain an internal audit function.

15.2

03/02/2016

The internal audit function referred to in 15.1 may either be:

  1. (1) in-house; or
  2. (2) subject to any applicable requirement in this Part relating to outsourcing, outsourced to a third party.