Commonwealth Consolidated Acts Commonwealth Consolidated ActsA person is exempt in relation to an activity the person undertakes on behalf of a foreign principal if:
(a) the person's profession is any of the following:
(i) a tax agent;
(ii) a customs broker;
(iii) a liquidator or receiver; and
(b) the activity is undertaken in the ordinary course of the person's practice of that profession; and
(c) the activity is, or relates primarily to, or is incidental to, the provision of representation in relation to a government administrative process involving the foreign principal; and
(d) at the time the activity is undertaken, both of the following matters are either apparent to all persons with whom the person is dealing or disclosed to them:
(i) the fact that the person is undertaking the activity on behalf of a foreign principal;
(ii) the identity of the foreign principal.