Document ID: chunk:federal_register_of_legislation:C2017A00017:clause:2_328c
Version: federal_register_of_legislation:C2017A00017
Segment Type: clause
Provision Reference: sch 2 cl 328C
Character Range: 76524–77077

328C  Public company auditor (appointment of auditor when crowd‑sourced funding concession ends)
 (1) If a public company stops being covered under section 738ZI at a time, the directors of the company must appoint an auditor of the company within 1 month after that time, unless the company at a general meeting has appointed an auditor.
 (2) An auditor appointed under subsection (1) holds office until the company's first AGM.
 (3) A director of a company must take all reasonable steps to comply with, or to secure compliance with, subsection (1).