Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.57 - TRANSITIONAL PROVISIONS RELATING TO THE FINANCIAL SECTOR REFORM (HAYNE ROYAL COMMISSION RESPONSE - BETTER ADVICE) ACT 2021 AND RELATED MEASURES  

Division 3A - Transitional provisions relating to the second amending Act  

SECTION 1684VC   CERTAIN REQUIREMENTS FOR REGISTERED TAX AGENTS  

1684VC(1)    
For the purposes of applying subsection 921C(1) to the licensing of a registered tax agent during the period:

(a)    starting on 1 January 2022; and

(b)    ending immediately before the commencement of Part 3 of Schedule 2 to the second amending Act;

treat the registered tax agent as having met each requirement referred to in subparagraph 921C(1)(b)(ii) or (c)(ii) .

1684VC(2)    
For the purposes of applying subsection 921C(2) , (3) or (4) to the authorisation of a registered tax agent during the period:

(a)    starting on 1 January 2022; and

(b)    ending immediately before the commencement of Part 3 of Schedule 2 to the second amending Act;

treat the registered tax agent as having met each requirement referred to in subparagraph (c)(ii) of that subsection.