Section 331AAC — Corporations Act 2001 (Cth)

ASIC’s power to appoint registered scheme auditor

(1) ASIC may appoint an auditor of a registered scheme if:

(a) the responsible entity of the scheme does not appoint an auditor when required by this Act to do so; and

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

(2) ASIC may only appoint an individual, firm or company as auditor under subsection (1) if the individual, firm or company consents to being appointed.

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 331 — Fees and expenses of auditors
s 331AAA — Registered scheme auditor (initial appointment of auditor)
s 331AAB — Registered scheme auditor (appointment to fill vacancy)
s 331AAD — Remaining auditors may act during vacancy
s 331AC — Removal and resignation of auditors
s 331AD — Effect of winding up on office of auditor

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