Australian Securities and Investments Commission
Corporations Act 2001 — Subsection 88B(3) — Variation
Under subsection 88B(3) of the Corporations Act 2001 the Australian Securities and Investments Commission varies Class Order [CO 01/1256] by:
1. in paragraph (b), omitting “and” at the end of the paragraph;
2. in paragraph (c), omitting “requirements.” and substituting “requirements; and”; and
3. adding after paragraph (c):
“(d) any member of an eligible foreign professional body who:
(i) has at least 3 years of practical experience in accounting or auditing; and
(ii) is providing a certificate for the purposes of paragraph 708(8)(c) or paragraph 761G(7)(c) of the Act to a person who is resident in the same country (being a country other than Australia) as that member.
Interpretation
In this instrument “eligible foreign professional body” means each of the following:
(a) American Institute of Certified Public Accountants;
(b) Association of Certified Chartered Accountants (United Kingdom);
(c) Canadian Institute of Chartered Accountants;
(d) Institute of Chartered Accountants of New Zealand;
(e) The Institute of Chartered Accountants in England and Wales;
(f) The Institute of Chartered Accountants in Ireland;
(g) The Institute of Chartered Accountants of Scotland.”.
Dated the 2nd day of March 2004
Signed by Brendan Byrne
as a delegate of the Australian Securities and Investments Commission