Section 324DB — Corporations Act 2001 (Cth)

Individual’s rotation obligation

An individual contravenes this section if the individual:

(a) plays a significant role in the audit of a listed company, listed registered scheme or registrable superannuation entity for a financial year; and

(b) is not eligible to play that role.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 324DAB — Requirements for directors to approve extension of eligibility term
s 324DAC — Notifications about approval to extend eligibility term
s 324DAD — Approval ineffective unless it complies with requirements
s 324DC — Audit firm’s rotation obligation
s 324DD — Audit company’s rotation obligation
s 325 — Appointment of auditor by proprietary company

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