Advisers who have or will provide a declaration to their licensee that they meet the 10 year experience requirement may still need to do either an Australian Tax Law unit and/or a Commercial Law unit in order to meet the Corporations (Relevant Providers—Education and Training Standards) Determination 2021. Whilst meeting the 10 year experience requirement excludes you from needing to obtain a full university level qualification, if you were not individually TPB registered on 31 December 2021 then it does not preclude you from needing to do an Australian Tax Law unit and/or a Commercial Law unit.
To check if you have already completed an approved course in Australian Tax Law and/or Commercial Law, please click here to view the list of approved courses.
Please see ASIC’s flowchart to ascertain if you are impacted and if you still have questions about this requirement, please email education@faaa.au.