Section 1299G — Corporations Act 2001: Annual statements by authorised audit company

(1) A company that is an authorised audit company must, within one month after the end of: (a) the period of 12 months beginning on the day on which the company became registered as an authorised audit company; and (b) each subsequent period of 12 months; lodge with ASIC a statement in respect of that period. (1A) A statement under subsection (1): (a) must contain such information as is prescribed in the regulations; and (b) must be in the prescribed form. (2) ASIC may, on the application of an authorised audit company made before the end of the period for lodging a statement under subsection (1), extend, or further extend, that period. (3) An offence based on subsection (1) is an offence of strict liability. Note: For strict liability, see section 6.1 of the Criminal Code. (4) A director of a company must take all reasonable steps to comply with, or to secure compliance with, subsection (1).