Commonwealth Consolidated Acts(1) The directors of a public company must appoint an auditor of the company within 1 month after the day on which a company is registered as a company unless the company at a general meeting has appointed an auditor.
(2) Subject to this Part, an auditor appointed under subsection (1) holds office until the company's first AGM.
(3) A director of a company must take all reasonable steps to comply with, or to secure compliance with, subsection (1).
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