Corporations Amendment Regulations 2003 (No. 4) (126 of 2003)

Schedule 1   Amendments

[9]   After subregulation 7.8.15 (1)

insert

(1A) If an applicant for a financial services licence:

(a) specifies, in the application for the licence, the name of a person or firm that is to be, or has been, appointed to audit the applicant's financial statements; and

(b) the auditor or auditors specified are appointed before the end of 1 month after the licence takes effect;

the applicant is taken to have lodged a notice under subsection 990B (6) of the Act.