Unit Titles (Management) Amendment Regulation 2020 (No 2) (ACT)

Unit Titles (Management) Amendment Regulation 2020 (No 2)

Subordinate Law SL2020-43

The Australian Capital Territory Executive makes the following regulation under the Unit Titles (Management) Act 2011.

Dated 10 September 2020.

Gordon Ramsay

Minister

Mick Gentleman

Minister

Unit Titles (Management) Amendment Regulation 2020 (No 2)

Subordinate Law SL2020-43

made under the

Unit Titles (Management) Act 2011

1. Name of regulation

   This regulation is the Unit Titles (Management) Amendment Regulation 2020 (No 2).

2. Commencement

   This regulation commences on the commencement of the Unit Titles Legislation Amendment Act 2020, section 133.

   NoteThe naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).

3. Legislation amended

   This regulation amends the Unit Titles (Management) Regulation 2011.

4. New section 12

   insert

5. Audit qualification requirement—Act, dict, def audit, par (c)

   A person who holds any 1 of the following designations is prescribed:

   (a)a chartered accountant who is a member of Chartered Accountants Australia and New Zealand holding a Certificate of Public Practice;

   (b)a member of Certified Practising Accountants holding a Public Practice Certificate;

   (c)    a member or fellow of the Institute of Public Accountants;

   (d)a registered company auditor as registered by the Australian Securities and Investments Commission (ASIC) under the Corporations Act 2001 (Cwlth), who holds current professional indemnity insurance.

Endnotes

1. Notification

   Notified under the Legislation Act on 10 September 2020.

2. Republications of amended laws

   For the latest republication of amended laws, see align="center">© Australian Capital Territory 2020