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CORPORATIONS REGULATIONS 2001 - REG 9.2.08 Kinds of conditions (Act s 1289A)

CORPORATIONS REGULATIONS 2001 - REG 9.2.08

Kinds of conditions (Act s 1289A)

    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.

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