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StatuteCorporations Act 2001

Section 324DB — Corporations Act 2001: Individual’s rotation obligation

Text of the provision Official document

An individual contravenes this section if the individual: (a) plays a significant role in the audit of a listed company, listed registered scheme or registrable superannuation entity for a financial year; and (b) is not eligible to play that role.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.