Financial Sector Reform Amendment (Hayne Royal Commission Response - Better Advice) Regulations 2021 (F2021L01854)

Schedule 1   Amendments

Tax Agent Services Regulations 2009

8   Regulation 3 (definition of recognised tax agent association)

Repeal the definition, substitute:

recognised tax agent association means:

(a) an organisation recognised by the Board under regulation 5B; or

(b) an organisation that, immediately before 1 January 2022, was a recognised tax (financial) adviser association within the meaning of this instrument as in force at that time.