Document ID: chunk:federal_register_of_legislation:C2012A00072:clause:1_324dac
Version: federal_register_of_legislation:C2012A00072
Segment Type: clause
Provision Reference: sch 1 cl 324DAC
Character Range: 7847–8607

324DAC  Notifications about approval to extend eligibility term
  If the directors of a listed company, or of a listed registered scheme, grant an approval under section 324DAA, the directors must, within 14 days of granting the approval:
 (a) lodge a copy of the resolution granting the approval with ASIC; and
 (b) give a copy of the resolution to:
 (i) if the individual to whom the approval relates does not act on behalf of an audit firm or company—the individual; and
 (ii) if the individual to whom the approval relates acts on behalf of an audit firm or company—the audit firm or company on whose behalf the individual acts.
Note: Details of the approval, and the reasons for the approval, must be included in the directors' report under section 300.