Document ID: chunk:federal_register_of_legislation:C2025C00134:section:35ac:p2
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 35AC (pt 2/2)
Character Range: 310813–312997

any arrangements that are necessary to enable the appointed auditor to perform the functions and duties.
 (6) The RSE licensee of the registrable superannuation entity must end the appointment of an individual as an auditor of the entity if the RSE licensee becomes aware that the individual:
 (a) no longer meets the eligibility criteria for auditors of registrable superannuation entities set out in the prudential standards; or
 (b) has been disqualified from being or acting as an auditor of a registrable superannuation entity under section 130D; or
 (c) is a member or employee of a firm that is disqualified under section 130EA; or
 (d) is a director or employee of a company that is disqualified under section 130EA.
 (7) The RSE licensee of the registrable superannuation entity must end the appointment of a firm or company as an auditor of the entity if the RSE licensee becomes aware that:
 (a) the lead auditor for an audit of the entity that is conducted, or to be conducted, by the firm or company:
 (i) no longer meets the eligibility criteria for auditors of registrable superannuation entities set out in the prudential standards; or
 (ii) has been disqualified from being or acting as an auditor of a registrable superannuation entity under section 130D; or
 (b) the firm or company has been disqualified from being or acting as an auditor of a registrable superannuation entity under section 130EA.
 (8) If the registrable superannuation entity is a registrable superannuation entity within the meaning of Chapter 2M of the Corporations Act 2001, the RSE licensee for the entity must ensure that the appointed auditor of the entity is the individual, firm or company that is the auditor of the entity for the purposes of that Chapter.
 (9) If:
 (a) the registrable superannuation entity is a registrable superannuation entity within the meaning of Chapter 2M of the Corporations Act 2001; and
 (b) an individual, firm or company ceases to be the auditor of the entity for the purposes of that Chapter;
then, for the purposes of the RSE licensee law, the appointment of the individual, firm or company as the auditor of the entity ends at the time of the cessation.