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 8A - Professional standards for relevant providers etc.  

Subdivision D - Other matters  

SECTION 921G   APPROVAL OF FOREIGN QUALIFICATIONS  

Application for approval

921G(1)  
A person who has completed a foreign qualification may apply to the Minister in the form approved, in writing, by the Minister for approval of the foreign qualification. Approval or refusal to approve

921G(2)  
The Minister must either:

(a)  approve the foreign qualification in accordance with subsection (3) ; or

(b)  refuse to approve the foreign qualification.

921G(3)  
The Minister may approve the foreign qualification only if:

(a)  the Minister is satisfied that the foreign qualification gives the person qualifications equivalent to a degree or qualification approved by the Minister for the purposes of paragraph 921B(2)(a) ; or

(b)  both of the following apply:

(i) the Minister specifies one or more courses to be completed by the person under subsection (4) of this section;

(ii) the person completes each of those courses.

921G(4)  
The Minister may specify one or more courses for the purposes of paragraph (3)(b) only if the Minister is satisfied that (together with the person ' s foreign qualification) the course or courses will give the person qualifications equivalent to a degree or qualification approved by the Minister for the purposes of paragraph 921B(2)(a) . When approval comes into force

921G(5)  
An approval under paragraph (2)(a) comes into force:

(a)  if the Minister specifies one or more courses to be completed by the person under subsection (4) - when the person has completed all of those courses; or

(b)  otherwise - when it is given.