Section 324AD — Corporations Act 2001 (Cth)

(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.

Related sections

• s 324AA — Individual auditors, audit firms and authorised audit companies
• s 324AB — Effect of appointing firm as auditor—general
• s 324AC — Effect of appointing firm as auditor—reconstitution of firm
• s 324AE — Meaning of professional member—audit team
• s 324AF — Meaning of lead auditor and review auditor
• s 324BA — Registration requirements for appointment of individual as auditor

Research how courts apply s 324AD

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.