CORPORATIONS ACT 2001

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT  

PART 2M.4 - APPOINTMENT AND REMOVAL OF AUDITORS  

Division 7 - Appointment, removal and fees of auditors for registered schemes  

Subdivision A - Appointment of registered scheme auditors  

SECTION 331AAC   ASIC'S POWER TO APPOINT REGISTERED SCHEME AUDITOR  

331AAC(1)   [ Scope of power]  

ASIC may appoint an auditor of a registered scheme if:


(a) the responsible entity of the scheme does not appoint an auditor when required by this Act to do so; and


(b) a member of the scheme applies to ASIC in writing for the appointment of an auditor under this section.

331AAC(2)   [ Consent of appointee]  

ASIC may only appoint an individual, firm or company as auditor under subsection (1) if the individual, firm or company consents to being appointed.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.