Corporations Act 2001
CHAPTER 5C
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MANAGED INVESTMENT SCHEMES
PART 5C.4
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THE COMPLIANCE PLAN
SECTION 601HI
601HI
ACTION ON CHANGE OF AUDITOR OF COMPLIANCE PLAN
If the auditor of the compliance plan of a registered scheme changes, the responsible entity must, as soon as practicable after the change and in writing, ask ASIC to alter the record of the scheme ' s registration to show the name of the new auditor as the auditor of the scheme ' s compliance plan. ASIC must comply with the request if the change complies with this Act.
Modifying legislative instruments: The application of Ch 5C is affected by the following legislative instruments that commenced on or after 1 January 2022: ASIC Corporations (Asset Holding Standards for Responsible Entities) Instrument 2024/16.
CCH Note: Section 601HI is modified by the ASIC Corporations (Discretions for Setting the Issue Price and Withdrawal Price of Interests in Managed Investment Schemes) Instrument 2023/693; and the ASIC Corporations (Changing the Responsible Entity) Instrument 2023/681.
If the auditor of the compliance plan of a registered scheme changes, the responsible entity must, as soon as practicable after the change and in writing, ask ASIC to alter the record of the scheme ' s registration to show the name of the new auditor as the auditor of the scheme ' s compliance plan. ASIC must comply with the request if the change complies with this Act.
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