Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) Subsections (2) and (3) apply to an auditor of an Aboriginal and Torres Strait Islander corporation undertaking an audit of a financial report prepared under Division 2 of this Part.
(2) Subsections 327B(2A) to (2D) of the Corporations Act apply to the auditor as if:
(a) references in those provisions to the company were references to the corporation; and
(b) references in those provisions to ASIC were references to the Registrar.
(3) If an audit firm ceases to be an auditor of an Aboriginal and Torres Strait Islander corporation at a particular time because of the applied provisions in subsection (2), each member of the audit firm ceases to be an auditor of the corporation at that time.