Document ID: chunk:federal_register_of_legislation:C2025C00134:section:131a:p2
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 131A (pt 2/2)
Character Range: 732570–733893

also take into account any criteria for fitness and propriety that are relevant to the auditor or actuary set out in the prudential standards.
 (2) The persons specified in relation to an individual RSE auditor, a lead auditor or a superannuation actuary for the purposes of subsection (1) are those members of the auditor's or actuary's professional association whom the Regulator believes will be involved:
 (a) in deciding whether the professional association should take any disciplinary or other action against the auditor or actuary in respect of the matter referred; or
 (b) in taking that action.
 (3) In relation to an individual RSE auditor, a lead auditor or a superannuation actuary, the power of the Regulator under subsection (1) may be exercised whether or not an order disqualifying the auditor or actuary has been made under section 130D or 131.
 (4) If, under this section, the Regulator refers details of a matter involving an individual RSE auditor, a lead auditor or a superannuation actuary, the Regulator must, as soon as practicable but, in any event, not later than 7 days after the referral, by notice in writing given to the auditor or actuary, inform the auditor or actuary:
 (a) of the fact that a matter has been referred under subsection (1); and
 (b) of the nature of the matter so referred.