Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1294

Board to give opportunity for hearing etc.

  (1)   The Board must not:

  (a)   cancel or suspend the registration of a person as an auditor; or

  (b)   deal with a person in any of the ways mentioned in subsection   1292(9);

unless the Board has given the person an opportunity to appear at a hearing held by the Board and to make submissions to, and adduce evidence before, the Board in relation to the matter.

  (2)   Where subsection   (1) requires the Board to give a person an opportunity to appear at a hearing and to make submissions to, and bring evidence before, the Board in relation to a matter, the Board must give ASIC and APRA an opportunity to appear at the hearing and to make submissions to, and bring evidence before, the Board in relation to the matter.


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