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.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.