Document ID: chunk:federal_register_of_legislation:C2025C00185:section:324ad
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 324AD
Character Range: 1182622–1183438

324AD  Effect of appointing company as auditor
 (1) A report or notice that purports to be made or given by an audit company appointed as auditor of a company, registered scheme or registrable superannuation entity is not taken to be duly made or given unless it is signed by a director of the audit company (or the lead auditor or review auditor for the audit) both:
 (a) in the audit company's name; and
 (b) in his or her own name.
 (2) For the purposes of criminal proceedings under this Act against a director of an audit company, an act or omission by:
 (a) an officer of the audit company; or
 (b) an employee or agent of the audit company;
acting within the actual or apparent scope of his or her employment, or within his or her actual or apparent authority, is also to be attributed to the audit company.