Corporations Amendment (Corporate Reporting Reform) Act 2010 (66 of 2010)

Schedule 2 Australian Securities and Investments Commission Act 2001

Repeal the subsection, substitute:

(1B) A person is eligible under this subsection for appointment as an accounting member if the person:

(a) is resident in Australia; and

(b) is a member of:

(i) a professional accounting body; or

(ii) any other body prescribed by the regulations for the purposes of this subparagraph.