Document ID: chunk:federal_register_of_legislation:C2017A00007:clause:1_921j
Version: federal_register_of_legislation:C2017A00007
Segment Type: clause
Provision Reference: sch 1 cl 921J
Character Range: 19580–20938

921J  When a compliance scheme covers a relevant provider
 (1) A compliance scheme covers a relevant provider if:
 (a) an approval is in force under section 921K in relation to the compliance scheme; and
 (b) the condition in subsection (2) of this section is met for the relevant provider; and
 (c) if the monitoring body for the compliance scheme is a professional association—the relevant provider is a member of the professional association.

Notifying ASIC of the compliance scheme that covers a relevant provider
 (2) The condition in this subsection is met for a relevant provider in relation to a compliance scheme if:
 (a) both of the following apply:
 (i) the notice lodged under section 922D in relation to the relevant provider stated that the compliance scheme is to cover the relevant provider;
 (ii) no notice has been lodged under section 922H stating that another compliance scheme is to cover the relevant provider; or
 (b) the most recent notice lodged under section 922H, in relation to particulars entered on the Register of Relevant Providers about the compliance scheme that is to cover the relevant provider, stated that the compliance scheme is to cover the relevant provider.
Note: A notice must be lodged under section 922H when there is a change in a matter for a relevant provider.

Subdivision B—Approval of compliance schemes