Section 1299F — Corporations Act 2001: Notification of certain matters

(1) An authorised audit company must notify ASIC if a condition or restriction to which the company’s registration is subject is contravened. (2) The notice under subsection (1) must: (a) set out details of the contravention; and (b) be given within 14 days after the company becomes aware of the contravention; and (c) be lodged with ASIC in the prescribed form. (3) An authorised audit company must notify ASIC if: (a) details of a matter are required by subsection 1299E(2) to be entered in the Register of Authorised Audit Companies in relation to the company; and (b) a change occurs in that matter while the company is registered as an authorised audit company. (4) The notice under subsection (3) must: (a) set out details of the change; and (b) be given within 28 days after the change occurs; and (c) be lodged with ASIC in the prescribed form. (5) A company that applies for registration as an authorised audit company must notify ASIC if: (a) details of a matter would be required by subsection 1299E(2) to be entered in the Register of Authorised Audit Companies in relation to the company if it were to be registered; and (b) a change occurs in that matter before the application is granted or rejected. (6) The notice under subsection (5) must: (a) set out details of the change; and (b) be given within 28 days after the change occurs; and (c) be lodged with ASIC in the prescribed form.