Corporations Regulations 2001

CHAPTER 12 - FINANCIAL SECTOR REFORM  

PART 12.2 - TRANSITIONAL MATTERS - GENERAL  

Division 2 - Other matters  

REGULATION 12.2.10   CERTAIN APPOINTMENTS OF AUDITORS CONTINUE  

12.2.10(1)   [ Application of transitional matters]  

For clause 39 of Schedule 4 to the Act, this regulation applies if a person or body held an appointment, immediately before the transfer date, under a previous governing Code or the Friendly Societies Act 1894 of Western Australia as the auditor of a transferring financial institution.

12.2.10(2)   [ Application of appointment provisions]  

Section 324 of the Act applies to the person or body as if the person or body had been appointed under section 327 of the Act as the auditor of the transferring financial institution.