Bankruptcy Regulations 2021

PART 9 - DEBT AGREEMENTS  

SECTION 56  

56   QUALIFICATIONS FOR APPROVAL OF APPLICATION TO BE REGISTERED AS DEBT AGREEMENT ADMINISTRATOR  
For the purposes of paragraph 186C(2)(e) of the Act, the prescribed qualifications are any of the following:

(a)    any of the following awarded by a registered provider (within the meaning of the Education Services for Overseas Students Act 2000 ):

(i) a Certificate IV in Financial Services (Accounting) awarded for study starting between 10 July 2004 and 23 November 2010;

(ii) a Certificate IV in Accounting awarded for study starting between 24 November 2010 and 12 February 2018;

(iii) a Certificate IV in Accounting and Bookkeeping awarded for study starting on or after 13 February 2018;

(b)    a degree, diploma or similar qualification for which the following conditions are satisfied:

(i) it is of a level equivalent to or higher than a qualification mentioned in paragraph (a);

(ii) the study for it included the same or similar subject matter as the study for a qualification mentioned in paragraph (a);

(iii) it was awarded by an Australian tertiary education institution;

(c)    a degree, diploma or similar qualification awarded by a foreign tertiary education institution and for which the Inspector-General is satisfied the following conditions are satisfied:

(i) it is of a level equivalent to or higher than a qualification mentioned in paragraph (a);

(ii) the study for it included the same or similar subject matter as the study for a qualification mentioned in paragraph (a);

(d)    membership of either of the following bodies:

(i) Chartered Accountants Australia and New Zealand;

(ii) CPA Australia Ltd.