Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An authorised audit company must notify ASIC if a condition or restriction to which the company's registration is subject is contravened.
(2) The notice under subsection (1) must:
(a) set out details of the contravention; and
(b) be given within 14 days after the company becomes aware of the contravention; and
(c) be lodged with ASIC in the prescribed form.
(3) An authorised audit company must notify ASIC if:
(a) details of a matter are required by subsection 1299E(2) to be entered in the Register of Authorised Audit Companies in relation to the company; and
(b) a change occurs in that matter while the company is registered as an authorised audit company.
(4) The notice under subsection (3) must:
(a) set out details of the change; and
(b) be given within 28 days after the change occurs; and
(c) be lodged with ASIC in the prescribed form.
(5) A company that applies for registration as an authorised audit company must notify ASIC if:
(a) details of a matter would be required by subsection 1299E(2) to be entered in the Register of Authorised Audit Companies in relation to the company if it were to be registered; and
(b) a change occurs in that matter before the application is granted or rejected.
(6) The notice under subsection (5) must:
(a) set out details of the change; and
(b) be given within 28 days after the change occurs; and
(c) be lodged with ASIC in the prescribed form.