Section 327C — Corporations Act 2001: Public company auditor (appointment to fill casual vacancy)

(1) If: (a) a vacancy occurs in the office of auditor of a public company; and (b) the vacancy is not caused by the removal of an auditor from office; and (c) there is no surviving or continuing auditor of the company; the directors must, within 1 month after the vacancy occurs, appoint an auditor to fill the vacancy unless the company at a general meeting has appointed an auditor to fill the vacancy. Note: Certain public companies are not required to appoint an auditor: see subsections 327A(1A) and 327B(1A). (2) An auditor appointed under subsection (1) holds office, subject to this Part, until the company’s next AGM. (3) A director of a public company must take all reasonable steps to comply with, or to secure compliance with, subsection (1).