Document ID: chunk:federal_register_of_legislation:F2024C00896:schedule:2:p4
Version: federal_register_of_legislation:F2024C00896
Segment Type: schedule
Provision Reference: sch 2 (pt 4/8)
Character Range: 84409–87166

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 tax (financial) advice experience (or part time equivalent) in the last 5 years; and
 (e) is, or was within the last 90 days:
 (i) a financial services licensee within the meaning of the Corporations Act 2001; or
 (ii) a representative of a financial services licensee mentioned in paragraph (a) of the definition of representative in section 9 of the Corporations Act 2001.
Note 1: The Board may approve a course by an approval process, an accreditation scheme, or by other means.
Note 2: For the definitions of relevant discipline and relevant tax (financial) advice experience, see clause 212 of this Part.

Diploma or higher award—financial services licensees and their representatives
 208 This clause applies if the individual:
 (a) has been awarded a diploma, or higher award, in a relevant discipline, from a registered training organisation or 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 18 months of full time relevant tax (financial) advice experience (or part time equivalent) in the last 5 years; and
 (e) is, or was within the last 90 days:
 (i) a financial services licensee within the meaning of the Corporations Act 2001; or
 (ii) a representative of a financial services licensee mentioned in paragraph (a) of the definition of representative in section 9 of the Corporations Act 2001.
Note 1: The Board may approve a course by an approval process, an accreditation scheme, or by other means.
Note 2: For the definitions of relevant discipline and relevant tax (financial) advice experience, see clause 212 of this Part.

Work experience—financial services licensees and their representatives
 209 This clause applies if the individual:
 (a) has successfully completed a course in commercial law that is approved by the Board; and
 (b) has successfully completed a course in Australian taxation law that is approved by the Board; and
 (c) has undertaken at least 3 years of full time relevant tax (financial) advice experience (or part time equivalent) in the last 5 years; and
 (d) is, or was within the last 90 days:
 (i) a financial services licensee within the meaning of the Corporations Act 2001; or
 (ii) a representative of a financial services licensee mentioned in paragraph (a) of the definition of representative in section 9 of the Corporations Act 2001.
Note 1: The Board may approve a course by an approval process, an accreditation scheme, or by other means.