Document ID: chunk:federal_register_of_legislation:C2023A00029:clause:6_220
Version: federal_register_of_legislation:C2023A00029
Segment Type: clause
Provision Reference: sch 6 cl 220
Character Range: 136112–136849

220  After subsection 35AC(2)
Insert:
 (2A) The RSE licensee of the registrable superannuation entity must not appoint a firm or company as an auditor of the entity unless the RSE licensee is reasonably satisfied that:
 (a) the lead auditor for an audit of the entity that is conducted, or to be conducted, by the firm or company:
 (i) meets the eligibility criteria for auditors of registrable superannuation entities set out in the prudential standards; and
 (ii) has not been disqualified from being or acting as an auditor of a registrable superannuation entity under section 130D; and
 (b) the firm or company has not been disqualified from being or acting as an auditor of a registrable superannuation entity under section 130EA.