Document ID: chunk:federal_register_of_legislation:C2022C00218:clause:2_921za
Version: federal_register_of_legislation:C2022C00218
Segment Type: clause
Provision Reference: sch 2 cl 921ZA
Character Range: 144895–146692

921ZA  Application for registration
 (1) A person may apply to the Registrar to be registered under subsection 921ZC(1).
 (2) The application must:
 (a) meet any requirements of the data standards; and
 (b) include the following declarations by the person:
 (i) that the person is a fit and proper person to provide personal advice to retail clients in relation to relevant financial products;
 (ii) if subsection 921BA(1) applies to the person—that the person has met the education and training standard in subsection 921B(2);
 (iii) if subsection 921BA(2) applies to the person—that the person has met the education and training standard in subsection 921B(3);
 (iv) if subsection 921BA(3) applies to the person—that the person has met the education and training standard in subsection 921B(4);
 (v) if the person provides, or is to provide, a tax (financial) advice service and a determination is in force under subsection 921BB(1)—that the person meets each requirement set out in the determination that is of a kind mentioned in any of paragraphs (a) to (d) of that subsection.
Note: A person may commit an offence or contravene a civil penalty provision if the person gives false or misleading information (see section 1308 of this Act and section 137.1 of the Criminal Code).
 (3) Subject to Part VIIC of the Crimes Act 1914, the person must have regard to the matters specified in section 921U (other than the matters specified in paragraphs (h) and (l) of that section) for the purposes of making a declaration mentioned in subparagraph (2)(b)(i) of this section.
Note: Part VIIC of the Crimes Act 1914 includes provisions that, in certain circumstances, relieve persons from the requirement to disclose spent convictions and require persons aware of such convictions to disregard them.