Termination of Tax (financial) Adviser registrations - September 2019

Administered by Department of the Treasury

Legislation au C2020G00789 In force Gazette

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Termination of Tax (financial) Adviser registration

The Tax Practitioners Board has terminated the registration of the following Tax (financial) Advisers under subdivision 40-A of the Tax Agent Services Act 2009 (TASA):

Name of Tax (financial) Advisers:	Termination effective from:	Reason for Termination:
Access Private Wealth Pty Ltd	10/09/2019	Surrender
All Financial Services Wealth Coaching Pty Ltd	10/09/2019	Surrender
Andrew Douglas	10/09/2019	Surrender
Andrew James George	10/09/2019	Surrender
Angelo Benedetti	10/09/2019	Surrender
AP Financial Solutions Pty Ltd	10/09/2019	Surrender
Arabon Financial Pty Ltd	10/09/2019	Surrender
Astute Investments & Financial Planning Pty Ltd	10/09/2019	Surrender
Auxillium Financial Services Pty Ltd	10/09/2019	Surrender
Avanti Advisers Pty Limited	10/09/2019	Surrender
Awardwell Pty Ltd	10/09/2019	Surrender
Broughton Hall Pty Ltd	10/09/2019	Surrender
Business Insight Group Pty Ltd	10/09/2019	Surrender
C & S Associates Pty Ltd	10/09/2019	Surrender
Carmel Moriah Holdings Pty Ltd	19/09/2019	Surrender
Cherrybomb Financial Pty Ltd	10/09/2019	Surrender
Christopher Lord	10/09/2019	Surrender
Coastsure Insurance Agency Pty Ltd	10/09/2019	Surrender
D & R Wealth Strategies Pty Ltd	10/09/2019	Surrender
Darren Francis Fordham	10/09/2019	Surrender
David Hock Wah Kong	10/09/2019	Surrender
Deepak Anand	10/09/2019	Surrender
Donna Joan Martin	10/09/2019	Surrender
Edward John Harris	10/09/2019	Surrender
Enhance Wealth Pty Ltd	10/09/2019	Surrender
Essential Financial Solutions Pty Ltd	10/09/2019	Surrender
Florian Loic Bastian Perret	10/09/2019	Surrender
For Life Financial Solutions Pty Ltd	10/09/2019	Surrender
Grahame Robert Harling	10/09/2019	Surrender
Grand Capital Wealth Pty Ltd	10/09/2019	Surrender
Gregory Frank Tarplett	10/09/2019	Surrender
HHH Partners Pty Ltd	10/09/2019	Surrender
Hichul Kim	10/09/2019	Surrender
Infiniti Wealth Portfolios Pty Ltd	10/09/2019	Surrender
Integrated Wealth Management Pty Limited	10/09/2019	Surrender
Integrated Wealth Planning Pty Ltd	10/09/2019	Surrender
Jazmin Alice Heriot	10/09/2019	Surrender
John De Warrenne Harris	10/09/2019	Surrender
Jonathan Garnet Alchin	10/09/2019	Surrender
JSA Financial Services Pty Limited	10/09/2019	Surrender
Karina Elizabeth Dorogi	10/09/2019	Surrender
Lacey Nicholson	10/09/2019	Surrender
Laurie Thorp	10/09/2019	Surrender
Leon Falk	10/09/2019	Surrender
Lffi Pty Ltd	10/09/2019	Surrender
Lips Small Business Success Pty Ltd	10/09/2019	Surrender
MACQSUPER Pty Limited	10/09/2019	Surrender
Madeline Ruth Gunn	10/09/2019	Surrender
Maria Greensill	10/09/2019	Surrender
Melanie Brett	10/09/2019	Surrender
Melanie Kate Stayches	10/09/2019	Surrender
Michelle Smith	10/09/2019	Surrender
Morgan James Betts	10/09/2019	Surrender
Murray Davies	19/09/2019	Surrender
Nadia Jasmine Pearce	10/09/2019	Surrender
Nicole Pennefather	10/09/2019	Surrender
Paul Davies	10/09/2019	Surrender
Peter Lee	10/09/2019	Surrender
Peter Raymond Nielsen	10/09/2019	Surrender
Pikeridge Pty Ltd	10/09/2019	Surrender
Ragnhild Maria Sky	10/09/2019	Surrender
Richard William Flint	10/09/2019	Surrender
Robert Dunn	10/09/2019	Surrender
Rodney George Goodall	10/09/2019	Surrender
Rodney Marsden Smith	10/09/2019	Surrender
Romano F. De Nadai	10/09/2019	Surrender
Ruth Lilian Lazarus	10/09/2019	Surrender
Ryan Garratt Evans	10/09/2019	Surrender
Safety First Planning Pty Ltd	10/09/2019	Surrender
Shannon P.B. Mayes	10/09/2019	Surrender
Sharron Wharton-Street	10/09/2019	Surrender
Shepard Webster & O'Neill Advisory Services Pty Ltd	10/09/2019	Surrender
Southwest Superannuation Services Pty Limited	10/09/2019	Surrender
Stancorp Financial Services Pty Ltd	10/09/2019	Surrender
Summit SMSF Strategies Pty Ltd	10/09/2019	Surrender
Supaleven Pty Ltd	10/09/2019	Surrender
Superannuation Advisory Service Pty Ltd	10/09/2019	Surrender
Suzi Smith	10/09/2019	Surrender
Tariq Zaman	10/09/2019	Surrender
The Comerford Harris Group & Co Pty Ltd	10/09/2019	Surrender
The Trustee for Jade Private Wealth Trust	10/09/2019	Surrender
The Trustee for Key Financial Planning Solutions Trust	10/09/2019	Surrender
The Trustee for your Corner Group Unit Trust	10/09/2019	Surrender
Tim Young	10/09/2019	Surrender
Trilogy Financial Planning (QLD) Pty Ltd	10/09/2019	Ceased to Exist
Ultimax Pty Ltd	10/09/2019	Surrender
Vikas Modgil	10/09/2019	Surrender
Weekes Trading Co Pty Ltd	10/09/2019	Surrender
Yun Chin	10/09/2019	Surrender

The Tax Practitioners Board has terminated the registration of the following Tax (financial) Advisers under subdivision 30-B of the Tax Agent Services Act 2009 (TASA):

Name of Tax (financial) Advisers:	Termination effective from:	Reason for Termination:
Beth Lavelle	10/09/2019	Failure to comply with code of professional conduct
Bristol Street Pty Ltd	26/09/2019	Failure to comply with code of professional conduct
Joseph Aldo Malvaso	10/09/2019	Failure to comply with code of professional conduct
Peter George Cotterill	10/09/2019	Failure to comply with code of professional conduct
Premium Financial Advisers Pty Ltd	10/09/2019	Failure to comply with code of professional conduct
Sretenka Erceg	10/09/2019	Failure to comply with code of professional conduct
Strictly Super Pty Ltd	10/09/2019	Failure to comply with code of professional conduct
Sua Thao	10/09/2019	Failure to comply with code of professional conduct

Yours sincerely,

Michael O’Neill

Secretary and CEO

Tax Practitioners Board

GPO Box 1620 Sydney NSW 2001

Overview

The Tax Agent Services Act 2009 (TASA) was enacted to establish a regulatory framework for tax practitioners and financial advisers, ensuring that they adhere to a professional code of conduct and meet the requisite standards to protect consumers. The Act was introduced to address the problem of inadequate regulation within the tax and financial advisory sectors, which could lead to consumer exploitation and financial loss. The TASA is administered by the Tax Practitioners Board, which was established to enforce compliance with the Act and protect the public interest. The policy objective of the Act is to ensure that tax practitioners and financial advisers act with integrity, competence, and diligence, thereby fostering consumer confidence and maintaining the integrity of the financial system. The termination of registrations under the Act, as evidenced by the recent terminations listed in the gazette, reflects the Board's commitment to upholding these standards.

Scope and Application

The Tax Agent Services Act 2009 (TASA) applies to tax (financial) advisers and tax (financial) services entities in Australia. The Act governs the conduct, registration, and professional standards of individuals and entities that provide tax services. The Tax Practitioners Board, which operates under the auspices of TASA, is responsible for the registration and regulation of tax (financial) advisers. The Act applies to all states and territories in Australia, thereby establishing a uniform standard for the provision of tax services across the nation. The scope of the Act includes overseeing the registration process, monitoring compliance with the code of professional conduct, and taking action, such as termination of registration, for breaches of the Act or failure to adhere to professional standards. The Act allows for exclusions and exemptions in specific circumstances, and its application can be extended or restricted through subordinate instruments issued by the Tax Practitioners Board.

Key Provisions

The Gazetted document from the Tax Practitioners Board (TPB) outlines the termination of registration for various Tax (financial) Advisers under the Tax Agent Services Act 2009 (TASA). This termination affects numerous entities and individuals, with reasons including surrender of registration or failure to comply with the code of professional conduct. The primary sections involved in these terminations are subdivisions 40-A and 30-B of TASA (sections 40-45 and 30-35, respectively). Under subdivision 40-A, the TPB has the authority to terminate registration when an entity or individual voluntarily surrenders their registration, which is a lawful and often strategic decision made by the registered party (section 40-40). Conversely, under subdivision 30-B, the TPB can terminate registration for non-compliance with the code of professional conduct, which is a more punitive measure aimed at maintaining professional standards within the tax advisory sector (section 30-30). The obligations imposed by the Act on the parties or entities it governs include adherence to professional standards and compliance with the code of professional conduct. Registered Tax (financial) Advisers must uphold these standards to maintain their registration and operate within the tax advisory sector. This includes ethical obligations, professional competence, and the provision of services in accordance with legal requirements. Failure to meet these standards can result in the termination of registration, as evidenced by the listed cases. The TPB is tasked with monitoring compliance and has the authority to take action against those who fail to meet the required standards. For breaches of the Act, including failure to comply with the code of professional conduct, the consequences can be severe. The Act allows for both civil and criminal penalties. Under civil penalties, the TPB can impose fines, which may vary based on the severity and nature of the breach. For example, section 30-35 of TASA specifies that a failure to comply with the code of professional conduct can result in penalties up to a certain amount. In more serious cases, criminal penalties may apply, where individuals can be prosecuted and face fines or imprisonment, as outlined in section 40-45 for cases involving the surrender of registration or non-compliance that amounts to misconduct. The exact penalties are not specified in the Gazetted document but are detailed in the relevant sections of TASA.

Area of Law: Taxation Law
Instrument: Gazette Notice
Concepts: Definitions & Interpretation; Regulatory Standards; Enforcement Powers; Licensing & Registration

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.

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