Section 327G — Corporations Act 2001 (Cth)

(1) ASIC may appoint an individual, firm or company as auditor of a company under section 327E or 327F only if the individual, firm or company consents to being appointed.

(2) ASIC must not appoint an auditor of a company under section 327E or 327F if:

(a) there is another auditor of the company (the continuing auditor); and

(b) ASIC is satisfied that the continuing auditor is able to carry out the responsibilities of auditor alone; and

(c) the continuing auditor agrees to continue as auditor.

(3) ASIC must not appoint an auditor of a company under section 327E or 327F if:

(a) the company does not give ASIC the notice required by subsection 327E(2) before the end of the notification period; and

(b) ASIC has already appointed an auditor of the company under section 327E after the end of the notification period.

Related sections

• s 327D — Appointment to replace auditor removed from office
• s 327E — ASIC may appoint a company auditor if auditor removed but not replaced
• s 327F — ASIC’s general power 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
• s 328A — Auditor’s consent to appointment

Research how courts apply s 327G

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