Corporations Act 2001
CHAPTER 2M
-
FINANCIAL REPORTS, SUSTAINABILITY REPORTS AND AUDIT
PART 2M.4
-
APPOINTMENT AND REMOVAL OF AUDITORS
Division 8
-
Appointment, removal and fees of auditors of registrable superannuation entities
Subdivision A
-
Appointment of registrable superannuation entity auditors
SECTION 331AJ
ASIC
'
S POWER TO APPOINT AUDITOR OF A REGISTRABLE SUPERANNUATION ENTITY
331AJ(1)
ASIC may appoint an auditor of a registrable superannuation entity for the purposes of this Chapter if: (a) the RSE licensee for the entity does not appoint an auditor when required by this Act to do so; and (b) a member of the entity applies to ASIC in writing for the appointment of an auditor under this section.
331AJ(2)
ASIC may only appoint an individual, firm or company as auditor under subsection (1) if the individual, firm or company consents to being appointed.
331AJ(3)
If ASIC appoints an individual, firm or company as auditor under subsection (1) , ASIC must: (a) notify APRA of the appointment; and (b) do so as soon as practicable after making the appointment.
View history note
Hide history noteASIC may appoint an auditor of a registrable superannuation entity for the purposes of this Chapter if: (a) the RSE licensee for the entity does not appoint an auditor when required by this Act to do so; and (b) a member of the entity applies to ASIC in writing for the appointment of an auditor under this section.
331AJ(2)
ASIC may only appoint an individual, firm or company as auditor under subsection (1) if the individual, firm or company consents to being appointed.
331AJ(3)
If ASIC appoints an individual, firm or company as auditor under subsection (1) , ASIC must: (a) notify APRA of the appointment; and (b) do so as soon as practicable after making the appointment.