Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1299J

Notice of cancellation or suspension

  (1)   If ASIC decides to cancel or suspend a company's registration as an authorised audit company under section   1299I, ASIC must, within 14 days after the decision:

  (a)   give to the company written notice setting out the decision and the reasons for it; and

  (b)   publish written notice of the decision in the Gazette .

  (2)   The validity of a decision by ASIC is not affected by a failure by ASIC to comply with subsection   (1) in relation to the decision.


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