Corporations Act 2001

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT  

PART 2M.4 - APPOINTMENT AND REMOVAL OF AUDITORS  

Division 1 - Entities that may be appointed as an auditor for a company or registered scheme  

SECTION 324AD   EFFECT OF APPOINTING COMPANY AS AUDITOR  

324AD(1)   [ Reports and notices]  

A report or notice that purports to be made or given by an audit company appointed as auditor of a company or registered scheme is not taken to be duly made or given unless it is signed by a director of the audit company (or the lead auditor or review auditor for the audit) both:


(a) in the audit company's name; and


(b) in his or her own name.

324AD(2)   [ Actual or apparent scope of employment or authority]  

For the purposes of criminal proceedings under this Act against a director of an audit company, an act or omission by:


(a) an officer of the audit company; or


(b) an employee or agent of the audit company;

acting within the actual or apparent scope of his or her employment, or within his or her actual or apparent authority, is also to be attributed to the audit company.


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