Document ID: chunk:federal_register_of_legislation:F2025C00069:reg:26:p5
Version: federal_register_of_legislation:F2025C00069
Segment Type: reg
Provision Reference: reg 26 (pt 5/7)
Character Range: 626974–629827

Part 6A products according to the formulas specified in regulations 9AB.21 and 9AB.22.
 (2) This subregulation specifies the method of ranking Part 6A products from:
 (a) the highest result of applying the formula set out in regulation 9AB.23 (net return ranking formula) in respect of a Part 6A product in respect of a financial year;
to:
 (b) the lowest result of applying that formula in respect of a Part 6A product in respect of the financial year.
 (3) This subregulation specifies the method of ranking Part 6A products from:
 (a) the lowest result of applying the formula set out in regulation 9AB.24 (fee ranking formula) in respect of a Part 6A product in respect of a financial year;
to:
 (b) the highest result of applying that formula in respect of a Part 6A product in respect of the financial year.

Part 9AC—Duties of trustees and investment managers of superannuation entities

9AC.01  Fund information
  For the purposes of subsection 106(1A) of the Act, fund information means fund information required to be provided under regulation 7.9.32 of the Corporations Regulations 2001.

Part 9A—Approved SMSF auditors

9A.01  Qualifications
 (1) For subparagraph 128B(1)(a)(i) of the Act, each of the following subregulations sets out a qualification.
 (2) A degree, diploma or certificate in accounting of not less than 3 years, which includes a course in audit, from either of the following bodies (a relevant body):
 (a) a university mentioned in Part 1 of the table in regulation 9.2.02 of the Corporations Regulations 2001;
 (b) the institution mentioned in Part 2 of the table in regulation 9.2.02 of the Corporations Regulations 2001.
 (3) Both:
 (a) a degree, diploma or certificate in accounting of not less than 3 years, which does not include a course in audit, from a relevant body; and
 (b) satisfactory completion of a course in audit (a relevant course) mentioned in regulation 9A.02.
 (4) Both:
 (a) a degree, diploma or certificate in accounting of not less than 3 years, which does not include a course in audit, from a relevant body; and
 (b) satisfactory completion of the self managed superannuation fund specialist auditor program conducted by the SMSF Professionals' Association of Australia Limited.
 (5) A qualification or combination of qualifications which the Regulator regards as equivalent to the degree, diploma or certificate mentioned in subregulation (2), (3) or (4).
Note: The applicant need only have a qualification mentioned in subregulation 9A.01(2), (3), (4) or (5).

9A.02  Relevant courses
  For paragraph 9A.01(3)(b), the relevant courses are:
 (a) the following courses conducted by the Institute of Chartered Accountants in Australia:
 (i) Audit and Assurance in the CA Program;
 (ii) Financial Reporting and Assurance in the CA Program;
 (iii) Accounting 2 in the Professional Year Program;