Section 1457 — Corporations Act 2001: Audit reforms in Schedule 1 to the amending Act (new annual statement requirements for auditors)

(1) The requirement under section 1287A for a registered company auditor to lodge an annual statement applies from the first anniversary of the auditor’s registration that occurs on or after 1 January 2005. (2) The first annual statement lodged under section 1287A should cover the period commencing either: (a) immediately after the period covered by the last triennial statement; or (b) the day on which the auditor was registered; whichever is later, and ending on the first anniversary of registration occurring on or after 1 January 2005.