Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedule(s)......................................................................................... 2

Schedule 1--Amendment of the Corporations Act 2001                               3

Part 1--Auditor rotation requirements                                                                 3

Part 2--Annual transparency reports                                                                    8

Part 3--Transitional provisions                                                                              14

Schedule 2--Amendment of the Australian Securities and Investments Commission Act 2001               15

Part 1--Auditor independence functions                                                         15

Part 2--Audit deficiency reports                                                                          18

Part 3--Communications with corporations, registered schemes and disclosing entities               22

Part 4--Transitional provisions                                                                              24

 

 

 

Corporations Legislation Amendment (Audit Enhancement) Act 2012

No. 72, 2012

 

An Act to amend the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001, and for related purposes

[Assented to 27 June 2012]

The Parliament of Australia enacts:

 [Minister's second reading speech made in--

House of Representatives on 29 February 2012

Senate on 14 March 2012]