Document ID: chunk:federal_register_of_legislation:F2024C00134:reg:8
Version: federal_register_of_legislation:F2024C00134
Segment Type: reg
Provision Reference: reg 8
Character Range: 5225–5895

8  Condition on authorisation – membership of the scheme is open to existing members of FOS and CIO
 (1) It is a condition relating to the authorisation of the external dispute resolution scheme that the Constitution of AFC must enable an entity covered by subsection (2) to apply to become a member of the authorised external dispute resolution scheme.
 (2) An entity is covered by this subsection if:
 (a) the entity is a member of an external dispute resolution scheme operated by FOS or CIO at the time this authorisation is made; and
 (b) the entity is required to be a member of a recognised external dispute resolution scheme under Part IIIA of the Privacy Act.