Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 331AAB

Registered scheme auditor (appointment to fill vacancy)

             (1)  If:

                     (a)  a vacancy occurs in the office of auditor of a registered scheme; and

                     (b)  there is no surviving or continuing auditor of the scheme;

the responsible entity must, within 1 month after the vacancy occurs, appoint an auditor to fill the vacancy.

             (2)  A director of the responsible entity of a registered scheme must take all reasonable steps to secure compliance with subsection (1).



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