Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 921GA

Application for approval

  (1)   A person who:

  (a)   has completed a bachelor or higher degree approved by a determination in force for the purposes of subparagraph   921B(2)(a)(i) (the domestic qualification ); but

  (b)   has not completed the domestic qualification in accordance with subparagraph   921B(2)(a)(ii);

may apply to the Minister for approval of the domestic qualification.

  (2)   The application must be:

  (a)   in writing; and

  (b)   in the form approved, in writing, by the Minister.

Approval or refusal

  (3)   The Minister must, by written notice given to the person, either:

  (a)   approve the domestic qualification; or

  (b)   refuse to approve the domestic qualification.

  (4)   The Minister may approve the domestic qualification under subsection   (3) only if the Minister is satisfied that:

  (a)   the person has completed the domestic qualification but not in accordance with subparagraph   921B(2)(a)(ii); and

  (b)   the person nevertheless has qualifications equivalent to the person completing the domestic qualification in accordance with subparagraph   921B(2)(a)(ii).

When approval comes into force

  (5)   An approval under subsection   (3) comes into force when it is given.