A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.6 - LICENSING OF PROVIDERS OF FINANCIAL SERVICES    View history reference

Division 8A - Professional standards for relevant providers    View history reference

Subdivision A - Education and training standards    View history reference

SECTION 921D  RELEVANT PROVIDERS TO MEET CONTINUING PROFESSIONAL DEVELOPMENT STANDARD  

 View history reference

921D(1)  

A relevant provider must comply with subsection 921B(5):


(a) if the relevant provider is a financial services licensee - during the licensee's CPD year; or


(b) if the relevant provider is authorised to provide personal advice to retail clients, on behalf of a financial services licensee, in relation to relevant financial products - during the licensee's CPD year.

Note 1: Subsection 921B(5) requires a relevant provider to meet the continuing professional development standard.

Note 2: Section 922HB requires a notice to be given at the end of a financial services licensee's CPD year if a relevant provider has not complied with this section during that year.

Exemptions

921D(2)  

Subsection (1) does not apply in relation to a person if:


(a) the person is a provisional relevant provider; or


(b) the only relevant financial product in relation to which the person provides personal advice to retail clients is a time-sharing scheme.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page