QLDIn ForceAct
Legal Profession Act 2007
sec.757Provision about particular auditors and audits
Start here
Get a plain-English read of sec.757
Turn the raw legal text into a practical explanation grounded in Legal Profession Act 2007.
### sec.757 Provision about particular auditors and audits
On the commencement day, an individual who is a trustee’s auditor immediately before that day is taken to be appointed as the external examiner for the trustee under section 267(1).
Despite subsection (1), the external examiner is taken to continue as the trustee’s auditor under the Trust Accounts Act for the purpose of doing, or continuing to do, any thing under that Act as the trustee’s auditor.
(sec.757-ssec.1) On the commencement day, an individual who is a trustee’s auditor immediately before that day is taken to be appointed as the external examiner for the trustee under section 267(1).
(sec.757-ssec.2) Despite subsection (1), the external examiner is taken to continue as the trustee’s auditor under the Trust Accounts Act for the purpose of doing, or continuing to do, any thing under that Act as the trustee’s auditor.