Corporations Regulations 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.2A - AUTHORISED AUDIT COMPANIES  

Division 1 - Registration  

REGULATION 9.2A.01  

9.2A.01   APPLICATION FOR REGISTRATION AS AUTHORISED AUDIT COMPANY (ACT s 1299A)  

For subsection 1299A(2) of the Act, the information is:

(a) the following information about the applicant:

(i) the applicant ' s name;

(ii) the applicant ' s ABN or ACN;

(iii) the address of the applicant ' s registered office;

(iv) the address of the principal place at which the applicant proposes to practise as an auditor;

(v) the address of each other place (if any) at which the applicant proposes to practise as an auditor; and

(b) the following information about each director of the applicant:

(i) the director ' s name and address;

(ii) the director ' s registration number as a registered company auditor; and

(c) the following statements:

(i) a statement to the effect that none of the directors of the applicant have been disqualified from managing a company under Part 2D.6 of the Act;

(ii) a statement to the effect that each share in the applicant is held and beneficially owned by an individual or by the legal personal representative of an individual;

(iii) a statement of whether the applicant ' s constitution allows a share in the applicant to be held and beneficially owned by a person other than an individual or the legal personal representative of an individual;

(iv) a statement to the effect that a majority of the votes that may be cast at a general meeting of the applicant attach to shares in the applicant that are held and beneficially owned by individuals who are registered company auditors;

(v) a statement to the effect that the applicant is not a Chapter 5 body corporate; and

(d) the name and address of each person who performs a chief executive officer function (within the meaning of section 295A of the Act) in relation to the applicant; and

(e) the following details about the applicant ' s professional indemnity insurance policy for claims that may be made against the applicant in relation to the audit of companies and registered schemes under the Act:

(i) the insurer ' s name;

(ii) the policy number;

(iii) the terms and conditions of the policy.