"Corporations Act 2001 s 313 debenture audit trustee reports"
Corporations Act 2001 (Cth) s 313 imposes special audit-reporting duties for debenture issuers and guarantors, including trustee copies and prejudicial-matter reports within 7 days.
This is a human-established fact, not a universal axiom. It is true within CTH as enacted by Federal Register of Legislation.
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Answer
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Verified against the current Federal Register text of the Corporations Act 2001 (Cth). Section 313 requires the auditor of a borrower in relation to debentures to give the trustee for debenture holders copies of reports, certificates, or other documents that the auditor must give the borrower or its members, together with accompanying documents, within 7 days after giving the originals. It also requires the auditor of a borrower or guarantor in relation to debentures to report in writing about audit or review matters that are or are likely to be prejudicial to debenture holders interests and relevant to the trustee powers or duties, and to give a copy to the trustee within 7 days after becoming aware of the matter. Offences based on those subsections are strict liability.
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