Corporations Legislation Amendment (Audit Enhancement) Act 2012 (Cth)

Corporations Legislation Amendment (Audit Enhancement) Act 2012

No. 72, 2012

An Act to amend the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedule(s) Schedule 1—Amendment of the Corporations Act 2001 Part 1—Auditor rotation requirements Part 2—Annual transparency reports Part 3—Transitional provisions Schedule 2—Amendment of the Australian Securities and Investments Commission Act 2001 Part 1—Auditor independence functions Part 2—Audit deficiency reports Part 3—Communications with corporations, registered schemes and disclosing entities Part 4—Transitional provisions

Corporations Legislation Amendment (Audit Enhancement) Act 2012 No. 72, 2012

An Act to amend the Corporations Act 2001 and the Australian Securities and Investments Commission Act 2001, and for related purposes

[Assented to 27 June 2012]

The Parliament of Australia enacts:

1 Short title This Act may be cited as the Corporations Legislation Amendment (Audit Enhancement) Act 2012.

2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provision(s) Commencement Date/Details 1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 27 June 2012 2. Schedule 1 The 28th day after this Act receives the Royal Assent. 25 July 2012 3. Schedule 2 The day this Act receives the Royal Assent. 27 June 2012