Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 9.2A.01

Application for registration as authorised audit company (Act s 1299A)

                   For subsection 1299A(2) of the Act, the information is:

                     (a)  the following information about the applicant:

                              (i)  the applicant's name;

                             (ii)  the applicant's ABN or ACN;

                            (iii)  the address of the applicant's registered office;

                            (iv)  the address of the principal place at which the applicant proposes to practise as an auditor;

                             (v)  the address of each other place (if any) at which the applicant proposes to practise as an auditor; and

                     (b)  the following information about each director of the applicant:

                              (i)  the director's name and address;

                             (ii)  the director's registration number as a registered company auditor; and

                     (c)  the following statements:

                              (i)  a statement to the effect that none of the directors of the applicant have been disqualified from managing a company under Part 2D.6 of the Act;

                             (ii)  a statement to the effect that each share in the applicant is held and beneficially owned by an individual or by the legal personal representative of an individual;

                            (iii)  a statement of whether the applicant's constitution allows a share in the applicant to be held and beneficially owned by a person other than an individual or the legal personal representative of an individual;

                            (iv)  a statement to the effect that a majority of the votes that may be cast at a general meeting of the applicant attach to shares in the applicant that are held and beneficially owned by individuals who are registered company auditors;

                             (v)  a statement to the effect that the applicant is not a Chapter 5 body corporate; and

                     (d)  the name and address of each person who performs a chief executive officer function (within the meaning of section 295A of the Act) in relation to the applicant; and

                     (e)  the following details about the applicant's professional indemnity insurance policy for claims that may be made against the applicant in relation to the audit of companies and registered schemes under the Act:

                              (i)  the insurer's name;

                             (ii)  the policy number;

                            (iii)  the terms and conditions of the policy.



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