Document ID: chunk:federal_register_of_legislation:F2024C00618:front:0:p2
Version: federal_register_of_legislation:F2024C00618
Segment Type: other
Provision Reference: 
Character Range: 2880–6051

professional development
3‑120  Requirement for continuing professional development
3‑125  Additional requirements for tax‑specific CPD
Division 6—Application and transitional arrangements in relation to additional requirements for relevant providers who provide tax (financial) advice services
Subdivision 6-C—Application and transitional arrangements in relation to requirements to complete specified courses
3-170  Transitional—relevant providers who are registered tax (financial) advisers on 31 December 2021
3‑171  Transitional—relevant providers awaiting registration as tax (financial) advisers on 31 December 2021
3‑172  Transitional—other relevant providers
3‑173  Transitional—commercial law courses completed before 1 January 2022
3‑174  Transitional—tax law courses completed before 1 January 2022
Subdivision 6-E—Application and transitional arrangements in relation to continuing professional development
3‑200  Application—Additional requirements for tax‑specific CPD
Schedule 3—Specified approved providers
Part 2—Tax law courses
Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history

Part 1—Preliminary

1‑1  Name
  This instrument is the Corporations (Relevant Providers—Education and Training Standards) Determination 2021.

1‑3  Authority
  This instrument is made under the Corporations Act 2001.

1‑4  Definitions
Note: Paragraph 13(1)(b) of the Legislation Act 2003 has the effect that expressions have the same meaning in this instrument as in the Corporations Act 2001 as in force from time to time.
  In this instrument:
Code of Ethics has the meaning given by section 910A of the Act.
CPD year has the meaning given by section 910A of the Act.
existing provider has the meaning given by section 1546A of the Act.
financial product advice has the meaning given by section 766B of the Act.
relevant provider has the meaning given by section 910A of the Act.
retail client has the meaning given by sections 761G and 761GA of the Act.
taxation law has the meaning given by the Income Tax Assessment Act 1997.
tax (financial) advice service has the meaning given by section 910A of the Act.
the Act means the Corporations Act 2001.

Part 2—Education and training standards for relevant providers

Division 1—The first standard
Note: See Corporations (Degrees, Qualifications and Courses Standards) Determination 2020 for the currently approved bachelor or higher degree, or equivalent qualifications.  The instrument, originally made by the Financial Adviser Standards and Ethics Authority Ltd, was saved by section 1684M of the Act and will continue in force until it is repealed and remade by the Minister.

Division 2—The second standard

2‑30  Approved principles in relation to exams
  Under subsection 921B(6) of the Act, each of the principles specified in a provision in this Division is an approved principle for the purposes of exams to be administered by ASIC under subsection 921B(3) of the Act.

2‑35  Principle 1: testing relevant knowledge and skills
 (1) This section specifies a principle relating to testing relevant knowledge and skills.
 (2) An exam must be