Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 9.2.08

                For subsection 1289A (1) of the Act, the following kinds of conditions are specified:

                (a)    conditions relating to the minimum amount and nature of continuing or other professional education that must be undertaken by a registered company auditor;

               (b)    conditions relating to the periodic or other review of the audit and audit-related work of a registered company auditor as part of a quality assurance or review program;

                (c)    conditions relating to having a current policy of professional indemnity insurance for claims against a registered company auditor in relation to audits conducted under the Act;

               (d)    conditions relating to establishing and maintaining a system for resolving complaints made against a registered company auditor by audit clients in relation to audits conducted under the Act.