Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.6 - LICENSING OF PROVIDERS OF FINANCIAL SERVICES  

Division 9 - Registers relating to financial services  

Subdivision B - Notice requirements relating to the Register of Relevant Providers  

SECTION 922F   INFORMATION ABOUT A RELEVANT PROVIDER WHO IS NOT A FINANCIAL SERVICES LICENSEE  

922F(1)    
For the purposes of paragraph 922D(2)(b) , the notice must include the following:

(a)    the relevant provider ' s name;

(b)    the address of the relevant provider ' s principal place of business;

(c)    the relevant provider ' s date and place of birth;

(d)    the name of the financial services licensee on whose behalf the relevant provider is authorised to provide personal advice to retail clients in relation to relevant financial products;

(e)    the licence number given to that licensee under subsection 913C(1) ;

(f)    if the relevant provider is a provisional relevant provider - the fact that the relevant provider is a provisional relevant provider;

(g)    if the relevant provider is a provisional relevant provider - the day the relevant provider began undertaking work and training in accordance with subsection 921B(4) ;

(h)    except in relation to provisional relevant providers - the year in which the relevant provider first provided personal advice to retail clients in relation to relevant financial products in accordance with the law (including the law of a State or Territory);

(i)    if the relevant provider is a relevant provider as a result of section 916B - each of the following:

(i) the name of the authorised representative who authorised the relevant provider under that section;

(ii) the number allocated to the authorised representative by ASIC;

(j)    if applicable, the ABN of any of the following:

(i) the relevant provider;

(ii) the licensee referred to in paragraph (d) ;

(iii) the authorised representative referred to in paragraph (i) ;

(k)    details of both of the following:

(i) the relevant financial products in relation to which the relevant provider is authorised to provide personal advice to retail clients;

(ii) whether the relevant provider is authorised to provide class of product advice in relation to some or all of those products;

(l)    the recent advising history of the relevant provider for the 5 years ending immediately before the time the notice is lodged;

(m)    

information about the educational qualifications of, and any training courses completed by, the relevant provider, to the extent that the qualifications and training courses are relevant to the provision of financial services.

(n) (Repealed)

Note: For the meaning of recent advising history , see section 922G.

Educational qualifications

922F(2)    

For the purposes of paragraph (1)(m) , if a relevant provider has more than 5 educational qualifications or has completed more than 5 training courses, the notice must include the 5 qualifications or training courses that the person lodging the notice believes, on reasonable grounds, are most relevant to the provision of financial services.

Information already registered

922F(3)    
The notice does not need to include the information referred to in paragraph (1)(h) , (l) or (m) if:

(a)    the person required under subsection 922L(4) to cause the notice to be lodged believes on reasonable grounds that the information has previously been lodged; or

(b)    the information is already entered on the Register of Relevant Providers.

Provisional relevant providers

922F(4)    
The notice does not need to include the information referred to in paragraph (1)(k) in relation to a provisional relevant provider if that information is not known at the time the notice relating to the provisional relevant provider is lodged by the licensee.

Note: A notice must be lodged under section 922H once this information is known.