s 331AAC
In forceASIC’s power to appoint registered scheme auditor
Volume 2Chapter 2L, Part 2L.1 to Chapter 5, Part 5.9 sections 283AA to 600K
Chapter 2MFinancial reports, sustainability reports and audit
Part 2M.4Appointment and removal of auditors
Division 7Appointment, removal and fees of auditors for registered schemes
Subdivision AAppointment of registered scheme auditors
331AAC ASIC’s power to appoint registered scheme auditor
(1)
ASIC may appoint an auditor of a registered scheme if:
(a)
the responsible entity of the scheme does not appoint an auditor when required by this Act to do so; and
(b)
a member of the scheme applies to ASIC in writing for the appointment of an auditor under this section.
(2)
ASIC may only appoint an individual, firm or company as auditor under subsection (1) if the individual, firm or company consents to being appointed.
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