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Treasury & financeCourt or tribunalExists today

Companies Auditors Disciplinary Board

CADB

1 March 2017 – present

Previously Companies Auditors and Liquidators Disciplinary Board (1991–2017).

Independent disciplinary tribunal that decides applications by ASIC or APRA to cancel, suspend or otherwise discipline registered company auditors.

Names over time

  1. Companies Auditors and Liquidators Disciplinary Board1991–2017
  2. Companies Auditors Disciplinary Board2017–present

How it came into existence

The Companies Auditors and Liquidators Disciplinary Board renamed on 1 March 2017 by the Insolvency Law Reform Act 2016, which transferred liquidator discipline to ASIC-convened committees.

Legislation: Australian Securities and Investments Commission Act 2001 Part 11

Main functions

  • Disciplinary hearings on registered company auditors
  • Cancellation or suspension of auditor registration
  • Admonishments, reprimands and undertakings

Where it sits

In the portfolio of Department of the Treasury.

Lineage

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Sources

Primary sources

Government records and websites

Some dates or links for this organisation are not fully confirmed. Corrections are welcome.