Companies Auditors and Liquidators Disciplinary Board
CALDB
1 January 1991 – 1 March 2017
Renamed Companies Auditors Disciplinary Board in 2017.
Disciplinary tribunal that heard applications, mainly from ASIC, to cancel or suspend the registration of company auditors and liquidators who failed to perform their duties properly.
Names over time
- Companies Auditors and Liquidators Disciplinary Board1991–2017
- Companies Auditors Disciplinary Board2017–present
How it came into existence
Established on 1 January 1991 under the Australian Securities Commission Act 1989, replacing the separate state and territory companies auditors and liquidators boards with a single national board.
Legislation: Australian Securities Commission Act 1989; Australian Securities and Investments Commission Act 2001
Changes during its life
- 1996Moved with corporate law from the Attorney-General's portfolio to the Treasury portfolio.
- 15 July 2001Continued under the Australian Securities and Investments Commission Act 2001.
How it ended
Renamed the Companies Auditors Disciplinary Board on 1 March 2017, when the Insolvency Law Reform Act 2016 moved liquidator discipline to committees convened by ASIC.
- Auditor discipline
Main functions
- Disciplinary hearings on registered company auditors
- Disciplinary hearings on registered liquidators
- Cancellation or suspension of registration
Where it sits
Last in the portfolio of Department of the Treasury.
Lineage
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Sources
Primary sources
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 11 December 2014 to 17 May 2017)
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.