Treasury Laws Amendment (2023 Measures No. 1) Act 2023 (101 of 2023)

Schedule 1   Registration of providers and assisted decision making

Part 1   Multiple registrations of relevant providers

Corporations Act 2001

21   Paragraphs 1684U(1)(b) and (c)

Repeal the paragraphs, substitute:

(b) immediately before 1 January 2022, either:

(i) the person was a registered tax (financial) adviser; or

(ii) an application under section 20-20 of the old Tax Agent Services Act for the registration of the person as a registered tax (financial) adviser had not been finally determined; or

(iii) an application under section 20-50 of the old Tax Agent Services Act for the renewal of the person's registration as a registered tax (financial) adviser had not been finally determined; and

(c) on or after 1 January 2022, either:

(i) the person's registration as a registered tax (financial) adviser continues in force because of item 139 of Schedule 1 to the amending Act; or

(ii) the person's registration, or renewed registration, as a registered tax (financial) adviser comes into force because of item 140 of Schedule 1 to the amending Act.