Document ID: chunk:federal_register_of_legislation:C2020C00226:clause:2_35
Version: federal_register_of_legislation:C2020C00226
Segment Type: clause
Provision Reference: sch 2 cl 35
Character Range: 42846–43309

35  Subsection 131B(2)
Repeal the subsection, substitute:
 (2) A person commits an offence if:
 (a) the person holds themself out as an approved SMSF auditor; and
 (b) the person is not an approved SMSF auditor.
Penalty: 50 penalty units.
 (2A) A person commits an offence if:
 (a) the person holds themself out as an approved auditor of a kind other than an approved SMSF auditor; and
 (b) the person is not such an approved auditor.
Penalty: 50 penalty units.