- Date
-
18 Oct 2006
- Chamber
-
House of Representatives
- Status
-
Act
-
Portfolio
-
Treasury
- Summary
-
Amends the
Australian Securities and Investments Commission Act 2001
and Corporations Act 2001
to: facilitate the Australian Securities and Investments Commission (ASIC) entering into cooperative arrangements with foreign regulatory bodies relating to audit regulation; and enhance ASIC’s audit inspection powers. Also amends the Corporations Act 2001
to extend the current immunity for contravention of certain auditing standards to 29 June 2007.