Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004 (103 of 2004)

Schedule 1   Audit Reform

Part 8   Companies Auditors and Liquidators Disciplinary Board

Australian Securities and Investments Commission Act 2001

157   Subsection 216(1)

Repeal the subsection, substitute:

(1) A Panel of the Disciplinary Board constituted to hear a matter may, at a meeting of the Panel, hold a hearing for the purpose of performing or exercising the Disciplinary Board's functions or powers in relation to that matter.