Company Law Review Act 1998 (61 of 1998)
Schedule 2 Consequential amendment of the Corporations Law
Part 4 Financial reports and audit (new Chapter 2M)
291 Section 325
Repeal the section, substitute:
325 Appointment of auditor by proprietary company
The directors of a proprietary company may appoint an auditor for the company if an auditor has not been appointed by the company in general meeting.