RG 187
Auditor rotation
Issued 12 February 2007. This guide gives guidance about how we will exercise the relief power in s342A of the Corporations Act 2001 to modify the auditor rotation requirements in Pt 2M.
In plain English
This guide explains how ASIC may grant relief from auditor rotation rules.
RG 187 was issued on 12 February 2007. It provides guidance on ASIC’s relief power under s342A of the Corporations Act 2001. This applies to companies subject to auditor rotation requirements. It details how ASIC may modify these requirements.
Why it matters
Auditor rotation rules can be complex. This guide helps companies understand when ASIC might offer flexibility, reducing potential compliance burdens.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-187-auditor-rotation/. Rules Mate indexes + summarises; always verify against the regulator's live publication.