Document ID: chunk:federal_register_of_legislation:C2023A00029:clause:6_331ah:p2
Version: federal_register_of_legislation:C2023A00029
Segment Type: clause
Provision Reference: sch 6 cl 331AH (pt 2/2)
Character Range: 116026–116930

and
 (b) ASIC has not been given a notice on behalf of the audit company, before the notification day (see subsection (6)), that that conflict of interest situation has, or those circumstances have, ceased to exist before the end of the period (the remedial period) of 21 days, or such longer period as ASIC approves in writing, from the start day.
 (6) The notification day is:
 (a) the last day of the remedial period; or
 (b) such later day as ASIC approves in writing (whether before or after the remedial period ends).
 (7) If an audit firm ceases to be the auditor of a registrable superannuation entity under subsection (1) at a particular time, each member of the firm who:
 (a) is taken to have been appointed as an auditor of the entity under subsection 324AB(1) or 324AC(4); and
 (b) is an auditor of the entity immediately before that time;
ceases to be an auditor of the entity at that time.