Corporations Act 2001
View history note
Hide history noteNote: This Division does not apply in relation to a CCIV. Instead, section 1232R applies a modified version of Division 7 to a retail CCIV.
An auditor of a public company that begins to be controlled by a corporation:
(a) must retire at the AGM of the company next held after the company begins to be controlled by the corporation unless the auditor vacates that office before then; and
(b) is, subject to this Part, eligible for re-appointment.
This section has effect notwithstanding subsection 327B(2) .
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