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 921GA   APPROVAL OF DOMESTIC QUALIFICATIONS  


Application for approval

921GA(1)    
A person who:

(a)    has completed a bachelor or higher degree approved by a determination in force for the purposes of subparagraph 921B(2)(a)(i) (the domestic qualification ); but

(b)    has not completed the domestic qualification in accordance with subparagraph 921B(2)(a)(ii) ;

may apply to the Minister for approval of the domestic qualification.


921GA(2)    
The application must be:

(a)    in writing; and

(b)    in the form approved, in writing, by the Minister.

Approval or refusal

921GA(3)    
The Minister must, by written notice given to the person, either:

(a)    approve the domestic qualification; or

(b)    refuse to approve the domestic qualification.

921GA(4)    
The Minister may approve the domestic qualification under subsection (3) only if the Minister is satisfied that:

(a)    the person has completed the domestic qualification but not in accordance with subparagraph 921B(2)(a)(ii) ; and

(b)    the person nevertheless has qualifications equivalent to the person completing the domestic qualification in accordance with subparagraph 921B(2)(a)(ii) .

When approval comes into force

921GA(5)    
An approval under subsection (3) comes into force when it is given.


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