House of Representatives
Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Bill 2021
Explanatory Memorandum
(Circulated by authority of Senator the Hon. Jane Hume, Minister for Superannuation, Financial Services and the Digital Economy, Minister for Women's Economic Security)Glossary
The following abbreviations and acronyms are used throughout this explanatory material
| Abbreviation | Definition |
| AAT | Administrative Appeals Tribunal |
| ASIC | Australian Securities and Investments Commission |
| ASIC Act | Australian Securities and Investments Commission Act 2001 |
| Bill | Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Bill 2021 |
| Corporations Act | Corporations Act 2001 |
| CPD year | Continuing professional development year |
| FASEA | Financial Adviser Standards and Ethics Authority |
| Financial services licensee | Australian Financial Services licence-holder |
| Financial Services Royal Commission | Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry |
| Guide to Framing Commonwealth Offences | Attorney-General's Department's A Guide to Framing Commonwealth Offences, Infringement Notices and Enforcement Powers, September 2011 edition |
| Old Tax Agent Services Act | Old Tax Agent Services Act 2009 |
| Tax Practitioners Board Review | Independent Review of the Tax Practitioners Board |