Corporations (Relevant Providers Continuing Professional Development Standard) Determination (Amendment) 2020
Financial Adviser Standards and Ethics Authority Ltd, the standards body for Part 7.6 of the Corporations Act 2001, makes the following determination.
Dated 14 JULY 2020
The common seal of Financial Adviser Standards and Ethics Authority Ltd, affixed by authority of its directors in the presence of:
C WALTER .......................... Signature of director CATHERINE WALTER AM .......................... Name of director (block letters) | ) ) ) ) | [SEALED] S LONGSTAFF .......................... Signature of director DR SIMON LONGSTAFF AO .......................... Name of director (block letters) |
1 Name
This instrument is the Corporations (Relevant Providers Continuing Professional Development Standard) Determination (Amendment) 2020.
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. All provisions | 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Note: This table relates only to the provisions of this instrument as originally made.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 subparagraph 921U(2)(a)(iv) of the Act.
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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 1—Amendments
Corporations (Relevant Providers Continuing Professional Development Standard) Determination 2018
1 At the end of section 9
Insert:
CPD years including 18 March 2020
(7) If a CPD year of a financial services licensee includes 18 March 2020, then:
(a) the relevant provider may count, towards meeting the requirements for continuing professional development of the relevant provider for the CPD year, any qualifying CPD activities completed by the relevant provider during the period of 3 months after the end of the CPD year (additional activities); and
(b) the relevant provider may not count additional activities that have been counted in terms of paragraph (a) towards meeting the requirements for continuing professional development of the relevant provider for any other CPD year.
Note: 18 March 2020 is the date of commencement of the Biosecurity (Human Biosecurity Emergency) (Human Coronavirus with Pandemic Potential) Declaration 2020.