Corporations Act 2001
(a) the period of 12 months beginning on the day on which the company became registered as an authorised audit company; and
(b) each subsequent period of 12 months;
lodge with ASIC a statement in respect of that period.1299G(1A) [ Content of statement]
(a) must contain such information as is prescribed in the regulations; and
(b) must be in the prescribed form. 1299G(2) [ Extension of lodgment period]
ASIC may, on the application of an authorised audit company made before the end of the period for lodging a statement under subsection (1), extend, or further extend, that period.1299G(3) [ Strict liability offence]
An offence based on subsection (1) is an offence of strict liability.
Note: For strict liability , see section 6.1 of the Criminal Code .1299G(4) [ Obligation of director]
A director of a company must take all reasonable steps to comply with, or to secure compliance with, subsection (1).