Superannuation Industry (Supervision) Act 1993

PART 16 - ACTUARIES AND AUDITORS OF SUPERANNUATION ENTITIES  

Division 4 - Offences and failure to carry out duties etc.  

View history reference
 View history note

SECTION 131CA   DISQUALIFIED FIRMS AND DISQUALIFIED COMPANIES NOT TO BE AN RSE AUDITOR  

View history reference

131CA(1)    
A person commits an offence if:

(a)    the person is a member of a firm; and

(b)    the firm is, or acts as, an RSE auditor; and

(c)    the firm is disqualified under section 130EA ; and

(d)    the person knows that the firm is so disqualified.

Penalty: Imprisonment for 2 years.


131CA(2)    
A person commits an offence if:

(a)    the person is, or acts as, an RSE auditor; and

(b)    the person is a company; and

(c)    the company is disqualified under section 130EA ; and

(d)    the person knows that the company is so disqualified.

Penalty: 600 penalty units.


131CA(3)    
A person commits an offence if:

(a)    the person is a member of a firm; and

(b)    the firm is, or acts as, an RSE auditor; and

(c)    the firm is disqualified under section 130EA .

Penalty: 60 penalty units.


131CA(4)    
A person commits an offence if:

(a)    the person is, or acts as, an RSE auditor; and

(b)    the person is a company; and

(c)    the company is disqualified under section 130EA .

Penalty: 300 penalty units.


131CA(5)    
Subsections (3) and (4) are offences of strict liability.

 View history note

 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.