Section 331AJ — Corporations Act 2001 (Cth)

(1) ASIC may appoint an auditor of a registrable superannuation entity for the purposes of this Chapter if:

(a) the RSE licensee for the entity does not appoint an auditor when required by this Act to do so; and

(b) a member of the entity 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.

(3) If ASIC appoints an individual, firm or company as auditor under subsection (1), ASIC must:

(a) notify APRA of the appointment; and

(b) do so as soon as practicable after making the appointment.

Related sections

• s 331AF — Registrable superannuation entity auditor (initial appointment of auditor)
• s 331AG — Registrable superannuation entity auditor (appointment to fill vacancy)
• s 331AH — Registrable superannuation entity auditor (duration of appointment)
• s 331AK — Removal and resignation of auditors
• s 331AL — Fees and expenses of auditors
• s 332 — Meaning of transparency reporting auditor and transparency reporting year

Research how courts apply s 331AJ

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