Document ID: chunk:federal_register_of_legislation:F2024C00896:schedule:2:p2
Version: federal_register_of_legislation:F2024C00896
Segment Type: schedule
Provision Reference: sch 2 (pt 2/8)
Character Range: 79448–82133

award, in accounting that is approved by the Board, and that is from an equivalent institution; and
 (b) has successfully completed a course in commercial law that is approved by the Board; and
 (c) has successfully completed a course in Australian taxation law that is approved by the Board; and
 (d) has undertaken at least 1 year of full time relevant experience (or part time equivalent) in the last 5 years.
Note 1: The Board may approve a course by an approval process, an accreditation scheme, or by other means.
Note 2: For the definition of relevant experience, see clause 212 of this Part.

Tertiary qualifications—specialists
 202 This clause applies if the individual:
 (a) has been awarded either:
 (i) a degree, or a post graduate award, in an area (other than accounting) that is relevant to the tax agent service to which the individual's application for registration relates from an Australian tertiary education institution; or
 (ii) a degree, or an award, in an area (other than accounting) that is approved by the board, relevant to the tax agent service to which the individual's application for registration relates, and that is from an equivalent institution; and
 (b) if the Board considers it relevant to the tax agent service to which the individual's application for registration relates—has successfully completed as many of the following courses as the Board considers necessary:
 (i) a course in basic accounting principles that is approved by the Board;
 (ii) a course in commercial law that is approved by the Board;
 (iii) a course in Australian taxation law that is approved by the Board; and
 (c) has undertaken at least 1 year of full time relevant experience (or part time equivalent) in the last 5 years.
Note 1: The Board may approve a course by an approval process, an accreditation scheme, or by other means.
Note 2: The term tax agent service is defined in the Act. For the definition of relevant experience, see clause 212 of this Part.

Diploma or higher award
 203 This clause applies if the individual:
 (a) has been awarded a diploma or higher award in accounting from a registered training organisation or an equivalent institution; and
 (b) has successfully completed a course in Australian taxation law that is approved by the Board; and
 (c) has successfully completed a course in commercial law that is approved by the Board; and
 (d) has undertaken at least 2 years of full time relevant experience (or part time equivalent) in the last 5 years.
Note 1: The Board may approve a course by an approval process, an accreditation scheme, or by other means.
Note 2: For the definition of relevant experience, see clause 212 of this Part.