Tax Administration and Tax Agent Services Legislation Amendment Regulation 2013

(130 of 2013)

17 June 2013

Corporations (Fees) Act 2001, Tax Agent Services Act 2009 and Taxation Administration Act 1953

1   Name of regulation

This regulation is the Tax Administration and Tax Agent Services Legislation Amendment Regulation 2013.

2   Commencement

This regulation commences on the day after it is registered.

3   Authority

This regulation is made under:

(a) the Corporations (Fees) Act 2001; and

(b) the Tax Agent Services Act 2009; and

(c) the Taxation Administration Act 1953.

4   Schedule(s)

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 (Fees) Regulations 2001

1   Schedule 1 (table item 31A, paragraph (a) in column 2)

After “Statistics,”, insert “the Tax Practitioners Board,”.

Tax Agent Services Regulations 2009

2   Paragraph 203(d) of Schedule 2

Repeal the paragraph, substitute:

(d) if the application is made on or after 1 March 2013, and the individual was not previously registered under Part VIIA of the Income Tax Assessment Act 1936, the individual has successfully completed a course in commercial law that is approved by the Board.

Note: 1 March 2013 is 3 years after the day Part 2 of the Tax Agent Services Act 2009 commenced.

3   Paragraph 205(a) of Schedule 2

Repeal the paragraph, substitute:

(a) each of the following applies:

(i) the individual has successfully completed a course in basic accountancy principles that is approved by the Board;

(ii) the individual has successfully completed a course in Australian taxation law that is approved by the Board;

(iii) if the application is made on or after 1 March 2013, and the individual was not previously registered under Part VIIA of the Income Tax Assessment Act 1936, the individual has successfully completed a course in commercial law that is approved by the Board; and

Note: 1 March 2013 is 3 years after the day Part 2 of the Tax Agent Services Act 2009 commenced.

Taxation Administration Regulations 1976

4   Regulation 48 (at the end of the table)

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