Corporations Act 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.2A - AUTHORISED AUDIT COMPANIES  

Division 1 - Registration  

SECTION 1299G   ANNUAL STATEMENTS BY AUTHORISED AUDIT COMPANY  

1299G(1)   [ Requirement to lodge statements]  

A company that is an authorised audit company must, within one month after the end of:

(a) the period of 12 months beginning on the day on which the company became registered as an authorised audit company; and

(b) each subsequent period of 12 months;

lodge with ASIC a statement in respect of that period.

1299G(1A)   [ Content of statement]  

A statement under subsection (1):

(a) must contain such information as is prescribed in the regulations; and

(b) must be in the prescribed form.

1299G(2)   [ Extension of lodgment period]  

ASIC may, on the application of an authorised audit company made before the end of the period for lodging a statement under subsection (1), extend, or further extend, that period.

1299G(3)   [ Strict liability offence]  

An offence based on subsection (1) is an offence of strict liability.

Note: For strict liability , see section 6.1 of the Criminal Code .

1299G(4)   [ Obligation of director]  

A director of a company must take all reasonable steps to comply with, or to secure compliance with, subsection (1).