Corporations Act 2001

CHAPTER 2M - FINANCIAL REPORTS, SUSTAINABILITY REPORTS AND AUDIT  

PART 2M.4 - APPOINTMENT AND REMOVAL OF AUDITORS  

Division 1 - Entities that may be appointed as an auditor for a company, registered scheme or registrable superannuation entity  

SECTION 324AD   EFFECT OF APPOINTING COMPANY AS AUDITOR  

324AD(1)    

A report or notice that purports to be made or given by an audit company appointed as auditor of a company, registered scheme or registrable superannuation entity is not taken to be duly made or given unless it is signed by a director of the audit company (or the lead auditor or review auditor for the audit) both:

(a)    in the audit company ' s name; and

(b)    in his or her own name.

324AD(2)    
For the purposes of criminal proceedings under this Act against a director of an audit company, an act or omission by:

(a)    an officer of the audit company; or

(b)    an employee or agent of the audit company;

acting within the actual or apparent scope of his or her employment, or within his or her actual or apparent authority, is also to be attributed to the audit company.