Corporations Act 2001
(a) must remove the auditor of the compliance plan if the auditor becomes ineligible under subsection 601HG(2) to act as auditor of the compliance plan; and
(b) may, with ASIC's consent, remove the auditor of the compliance plan. 601HH(2) Resignation of auditor.
(a) the auditor:
(i) applies to ASIC in writing for its consent to the resignation; and
(ii) gives the responsible entity written notice of the application at or about the same time as applying to ASIC; and
(b) ASIC consents to the resignation. 601HH(3) [ Notification by ASIC]
As soon as practicable after receiving the application, ASIC must notify the auditor and the responsible entity whether it consents to the resignation.601HH(4) [ Admissibility of statement]
(a) is not admissible in evidence in any civil or criminal proceedings against the auditor (other than proceedings for a contravention of section 1308); and
(b) may not be made the ground of a prosecution (other than a prosecution for a contravention of section 1308), action or suit against the auditor.
A certificate by ASIC that the statement was made in the application, or in answer to an inquiry by ASIC, is conclusive evidence that the statement was so made.601HH(5) [ When resignation takes effect]
(a) the day (if any) specified in the notice of resignation; or
(b) the day ASIC consents to the resignation; or
(c) the day (if any) fixed by ASIC for the purpose.