Section 327F — Corporations Act 2001 (Cth)

(1) ASIC may appoint an auditor of a public company, or of a proprietary company that has one or more CSF shareholders, if:

(a) the company or its directors fail to appoint an auditor when required by this Act to do so; and

(b) a member of the company applies to ASIC in writing for the appointment of an auditor under this section.

This subsection has effect subject to section 327G.

(2) Subject to this Part, an auditor appointed under this section holds office until:

(a) for a proprietary company—the company’s next general meeting; or

(b) for a public company—the company’s next AGM.

Related sections

• s 327C — Public company auditor (appointment to fill casual vacancy)
• s 327D — Appointment to replace auditor removed from office
• s 327E — ASIC may appoint a company auditor if auditor removed but not replaced
• s 327G — Restrictions on ASIC’s powers to appoint a company auditor
• s 327H — Effect on appointment of public company auditor of company beginning to be controlled by a corporation
• s 327I — Remaining auditors may act during vacancy

Research how courts apply s 327F

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