Document ID: chunk:federal_register_of_legislation:F2024C00896:reg:13
Version: federal_register_of_legislation:F2024C00896
Segment Type: reg
Provision Reference: reg 13
Character Range: 11788–12985

13  Recognition of association
 (1) If an association makes an application in accordance with section 12, the Board must consider the application as soon as practicable and decide:
 (a) to recognise the association under subsection (2) or (3) of this section; or
 (b) to refuse to recognise the association.
Note: A decision to refuse to recognise an association is a reviewable decision (see section 18).
 (2) The Board must recognise the association as a recognised tax agent association if the Board is satisfied that the association meets the requirements in clauses 201 to 210 of Part 2 of Schedule 1.
 (3) The Board may also recognise the association as a recognised tax agent association if:
 (a) the Board is satisfied that the association meets the requirements in clauses 201 to 208 of Part 2 of Schedule 1; and
 (b) the Board considers it appropriate to recognise the association having regard to:
 (i) the purposes of this instrument and the Act; and
 (ii) the role of recognised tax agent associations.
 (4) If the Board recognises the association as a recognised tax agent association under subsection (2) or (3), the Board must give the association written notice of the decision.