CORPORATIONS ACT 2001 - SECT 324AD Effect of appointing company as auditor

CORPORATIONS ACT 2001 - SECT 324AD

  (1)   A report or notice that purports to be made or given by an audit company appointed as auditor of a company, registered scheme or registrable superannuation entity is not taken to be duly made or given unless it is signed by a director of the audit company (or the lead auditor or review auditor for the audit) both:

  (a)   in the audit company's name; and

  (b)   in his or her own name.

  (2)   For the purposes of criminal proceedings under this Act against a director of an audit company, an act or omission by:

  (a)   an officer of the audit company; or

  (b)   an employee or agent of the audit company;

acting within the actual or apparent scope of his or her employment, or within his or her actual or apparent authority, is also to be attributed to the audit company.