Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 327H

Effect on appointment of public company auditor of company beginning to be controlled by a corporation

    An auditor of a public company that begins to be controlled by a corporation:

  (a)   must retire at the AGM of the company next held after the company begins to be controlled by the corporation unless the auditor vacates that office before then; and

  (b)   is, subject to this Part, eligible for re - appointment.

This section has effect notwithstanding subsection   327B(2).


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