Australian Securities and Investments Commission Amendment (Audit Inspection) Act 2007 (1 of 2007)

Schedule 2   Technical amendment

Corporations Act 2001

1   Subsection 1455(5)

Omit "if the contravention occurs before 1 July 2006", substitute "if the audit or review is conducted in relation to a financial report for a period ending before that standard ceases to have effect as an auditing standard".