Definitions
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(a)
Audit means a systematic, independent
and documented process for obtaining audit evidence and evaluating
it objectively to determine the extent to which audit criteria are
fulfilled.
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(b)
Audit Scheme means the IMO Member
State Audit Scheme established by the Organization and taking into
account the guidelines developed by the Organizationfootnote.
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(c)
Code for Implementation means
the IMO Instruments Implementation Code (III Code) adopted by the
Organization by resolution A.1070(28).
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(d)
Audit Standard means the Code
for Implementation.
Contracting Parties shall use the provisions of the Code
for Implementation in the execution of their obligations and responsibilities
contained in the present Convention.
Verification of compliance
(a) Every Contracting Government shall be subject
to periodic audits by the Organization in accordance with the audit
standard to verify compliance with and implementation of the present
Convention.
(b) The Secretary-General of the Organization
shall have responsibility for administering the Audit Scheme, based
on the guidelines developed by the Organizationfootnote.
(c) Every Contracting Government shall have responsibility
for facilitating the conduct of the audit and implementation of a
programme of actions to address the findings, based on the guidelines
developed by the Organizationfootnote.
(d) Audit of all Contracting Governments shall
be:
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(i) based on an overall schedule developed by
the Secretary-General of the Organization, taking into account the
guidelines developed by the Organizationfootnote; and
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(ii) conducted at periodic intervals, taking into
account the guidelines developed by the Organizationfootnote.