CORPORATIONS ACT 2001 - SECT 1299F Notification of certain matters

CORPORATIONS ACT 2001 - SECT 1299F

  (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.