Commonwealth Coat of Arms of Australia

 

Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Amendment (2022 Measures No. 2) Determination 2022

I, Stephen Jones, Assistant Treasurer and Minister for Financial Services, being satisfied of the matters set out in subsection 921B(7) of the Corporations Act 2001, make the following determination.

Dated   24 October 2022

 

Stephen Jones

Assistant Treasurer
Minister for Financial Services

 

 

 

Contents

1  Name 

2  Commencement

3  Authority

4  Schedules

Schedule 1—Amendments

Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2021

 

1  Name

  This instrument is the Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Amendment (2022 Measures No. 2) Determination 2022.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

 

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

 

3  Authority

  This instrument is made under the Corporations Act 2001.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Amendments

 

Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2021

1  Section 3

Repeal the section, substitute:

3  Authority

  This instrument is made under the Corporations Act 2001.

2  Subsection 5(1) (paragraph (e) of the definition of advanced diploma of financial planning)

Repeal the paragraph, substitute:

 (e) the 8 unit Diploma of Financial Markets offered by the Financial Services Institute of Australasia (formerly Securities Institute Australia); or

 (f) the 8 unit Certificate in Financial Markets offered by the Financial Services Institute of Australasia (formerly Securities Institute Australia) where the units required to be awarded the certificate were completed between 1 January 1982 and 31 December 1990.

3  Subsection 6(1)

Omit “Each of”, substitute “Under subsection 921B(6) of the Act, each of”.

4  Subsection 6(2) (note 1, paragraph (g))

 Repeal the paragraph, substitute:

(g) Griffith University: Bachelor of Commerce (Financial Planning) (item 28A); Bachelor of Applied Financial Advice (item 28B); Bachelor of Advanced Business (Honours) (Financial Planning (Extended) major) (item 29AA); Bachelor of Business (Financial Planning (Extended) major) (item 29AB); Graduate Diploma of Financial Planning (4185 / 4186) (item 80D); Master of Financial Planning (5685 / 5686) (item 83A);

5  Subsection 6(2) (after note 1, paragraph l)

Repeal the paragraph, substitute:

(l) Swinburne University of Technology: Bachelor Degrees (items 41a, b, c, d and 41Aa, b, c), Graduate Diploma of Financial Planning (item 90C), Master Degree (item 9a,b);

6  Subsection 6(3)

Omit “Any Masters”, substitute “Under subsection 921B(6) of the Act, any Masters”.

7  Section 8

Omit “For the purposes of paragraph 1546B(1)(b) of the Act”, substitute: “Under subsection 1684E(1) of the Act, for the purposes of subparagraph 1684C(3)(b)(ii) of the Act”.

8  Schedule 1 (after table item 29)

Insert:

 

29AA

Bachelor of Advanced Business (Honours) (Financial Planning (Extended) major)

on or after 1 January 2021

Paragraph 6(2)(a) does not apply to this qualification as it includes an ethics unit of study

29AB

Bachelor of Business (Financial Planning (Extended) major)

on or after 1 January 2021

Paragraph 6(2)(a) does not apply to this qualification as it includes an ethics unit of study

 

9  Schedule 1 (after table item 41)

Insert:

 

41A

Each of the following:

(a) Bachelor of Business with a Financial Planning major or Accounting and Financial Planning major;

(b) Bachelor of Business (Professional) with a Financial Planning major or Accounting and Financial Planning major;

(c) Bachelor of Accounting with an Accounting and Financial Planning major.

on or after 1 February 2021

Paragraph 6(2)(a) does not apply to this qualification as it includes an ethics unit of study

 

10  Schedule 1 (table item 85, column headed “Other conditions”)

Omit “FPC006 Tax and Commercial Law for Financial Planning”, substitute “FPC006 Tax and Commercial Law for Financial Planning / Taxation for Financial Planning”.

11  Schedule 1 (table item 88A, column headed “Other conditions”)

Omit “FPC006 Tax and Commercial Law for Financial Planning”, substitute “FPC006 Tax and Commercial Law for Financial Planning / Taxation for Financial Planning”.