Document ID: chunk:federal_register_of_legislation:C2004A01334:clause:1_327f
Version: federal_register_of_legislation:C2004A01334
Segment Type: clause
Provision Reference: sch 1 cl 327F
Character Range: 182451–182982

327F  ASIC's general power to appoint public company auditor

 (1) ASIC may appoint an auditor of a public company if:
 (a) the company does not appoint an auditor when required by this Act to do so; and
 (b) a member of the company applies to ASIC in writing for the appointment of an auditor under this section.
This subsection has effect subject to section 327G.

 (2) An individual, firm or company appointed as auditor of a company under subsection (1) holds office, subject to this Part, until the next AGM of the company.