Document ID: chunk:federal_register_of_legislation:C2025C00134:section:131ca
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 131CA
Character Range: 736920–738019

131CA  Disqualified firms and disqualified companies not to be an RSE auditor
 (1) A person commits an offence if:
 (a) the person is a member of a firm; and
 (b) the firm is, or acts as, an RSE auditor; and
 (c) the firm is disqualified under section 130EA; and
 (d) the person knows that the firm is so disqualified.
Penalty: Imprisonment for 2 years.
 (2) A person commits an offence if:
 (a) the person is, or acts as, an RSE auditor; and
 (b) the person is a company; and
 (c) the company is disqualified under section 130EA; and
 (d) the person knows that the company is so disqualified.
Penalty: 600 penalty units.
 (3) A person commits an offence if:
 (a) the person is a member of a firm; and
 (b) the firm is, or acts as, an RSE auditor; and
 (c) the firm is disqualified under section 130EA.
Penalty: 60 penalty units.
 (4) A person commits an offence if:
 (a) the person is, or acts as, an RSE auditor; and
 (b) the person is a company; and
 (c) the company is disqualified under section 130EA.
Penalty: 300 penalty units.
 (5) Subsections (3) and (4) are offences of strict liability.