Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004 (103 of 2004)
            
          Schedule 1 Audit Reform
Part 3 Auditor appointment, independence and rotation requirements
Corporations Act 2001
111 Schedule 3 (before table item 117)
Insert:
| 116BA | Section 324BA | 25 penalty units or imprisonment for 6 months, or both. | 
| 116BB | Subsection 324BB(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116BC | Subsection 324BB(2) | 10 penalty units. | 
| 116BD | Subsections 324BC(1) and (2) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116BE | Subsection 324BC(3) | 10 penalty units. | 
| 116CA | Subsection 324CA(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116CB | Subsections 324CA(1A) and (2) | 10 penalty units. | 
| 116CC | Subsection 324CB(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116CD | Subsections 324CB(1A), (2) and (4) | 10 penalty units. | 
| 116CE | Subsection 324CC(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116CF | Subsections 324CC(1A), (2) and (4) | 10 penalty units. | 
| 116DA | Subsection 324CE(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116DB | Subsections 324CE(1A) and (2) | 10 penalty units. | 
| 116EA | Subsection 324CF(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116EB | Subsections 324CF(1A) and (2) | 10 penalty units. | 
| 116FA | Subsection 324CG(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116FB | Subsections 324CG(1A) and (2) | 10 penalty units. | 
| 116FC | Subsection 324CG(5) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116FD | Subsections 324CG(5A) and (6) | 10 penalty units. | 
| 116GA | Section 324CI | 25 penalty units or imprisonment for 6 months, or both. | 
| 116GB | Section 324CJ | 25 penalty units or imprisonment for 6 months, or both. | 
| 116GC | Section 324CK | 25 penalty units or imprisonment for 6 months, or both. | 
| 116H | Subsections 324CM(1), (2) and (3) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116I | Section 324DB | 25 penalty units or imprisonment for 6 months, or both. | 
| 116JA | Subsection 324DC(1) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116JB | Subsection 324DC(2) | 10 penalty units. | 
| 116KA | Subsections 324DD(1) and (2) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116KB | Subsection 324DD(3) | 10 penalty units. | 
| 116LA | Subsection 327A(3) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116LB | Subsections 327B(1) and (3) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116LC | Subsection 327C(3) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116MA | Subsection 328A(4) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116MB | Subsection 328B(2) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116NA | Subsections 331AAA(1) and (3) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116NB | Subsections 331AAB(1) and (2) | 25 penalty units or imprisonment for 6 months, or both. | 
| 116O | Subsection 342B(1) | 5 penalty units. | 
