Sky Ltd has a year-end of 30 June 20X0. The audit work was completed and the auditor's report signed on 30 September 20X0. On 15 October, the company called for tenders from prospective auditors for the 20X1 year. The tender process indicated that new auditors should be appointed. The current auditors wrote a resignation letter dated 20 October that was received by the company on 25 October. This letter advised that the auditor's resignation was effective from 30 September 20X0. The resignation letter was also forwarded to ASIC, requesting its confirmation of the resignation. ASIC approved the resignation in a letter dated 30 November. There are no other exceptional circumstances.The effective date of the resignation is:

Question

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The effective date of the auditor's resignation is when ASIC approves it, which is 30 November 20X0.

Sky Ltd Has a Year-End of 30 June 20X0