On an application made by a transparency reporting auditor in accordance with subsection (3), ASIC may make an order in writing relieving the auditor from compliance with all or specified requirements of sections
Note: For the criteria for making orders under this section, see section
The order may:
(a) be expressed to be subject to conditions; and
(b) be indefinite or limited to a specified period.
The application must be:
(a) in writing; and
(b) lodged with ASIC; and
(c) if the auditor is an individual auditor
signed by the auditor; and
(d) if the auditor is an audit firm
signed by a member of the firm who is a registered company auditor both:
(i) in the firm name; and
(ii) in the member
s own name; and
(e) if the auditor is an audit company:
(i) authorised by a resolution of the directors; and
(ii) signed by a director.
ASIC must give the auditor written notice of the making or revocation of the order.