{"id":"F2018L01775","name":"Corporations (Provisional Relevant Providers—Expressions) Determination 2018","slug":"corporations-provisional-relevant-providers-expressions-determination-2018","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":439875,"registerId":"F2018L01775-fast-fetch-1775955729898","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Corporations (Provisional Relevant Providers—Expressions) Determination 2018","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.png)\n\n \n\nCorporations (Provisional Relevant Providers—Expressions) Determination 2018\n\nFinancial Adviser Standards and Ethics Authority Ltd, the standards body for Part 7.6 of the Corporations Act 2001, makes the following determination.\n\nDated:  14 December 2018\n\n| The common seal of Financial Adviser Standards and Ethics Authority Ltd, affixed by authority of its directors in the presence of:<br> <br> <br> <br> <br> <br>C WALTER<br>..........................<br>Signature of director<br> <br>CATHERINE WALTER AM<br>..........................<br>Name of director (block letters) | )<br>)<br>)<br>)<br> | [SEALED]<br> <br> <br>M BRIMBLE<br>..........................<br>Signature of director<br> <br>DR MARK BRIMBLE<br>..........................<br>Name of director (block letters) |\n| --- | --- | --- |\n\n\n \n\n \n\n \n\n \n\n \n\nContents\n\n1 Name\n\n2 Commencement\n\n3 Authority\n\n4 Specification of expressions\n\n \n\n \n\n1  Name\n\n  This is the Corporations (Provisional Relevant Providers—Expressions) Determination 2018.\n\n2  Commencement\n\n  This determination commences the day after it is registered.\n\n3  Authority\n\n  This determination is made under subparagraph 921U(2)(a)(v) of the Corporations Act 2001.\n\n4  Specification of expressions\n\n  The expressions “provisional financial planner” and “provisional financial adviser” are specified to refer to a provisional relevant provider.\n\nNote 1: Provisional relevant provider is defined in section 910A of the Corporations Act 2001.\n\nNote 2: Under section 923C of the Corporations Act 2001, a provisional relevant provider may not assume or use the expression “financial adviser” or “financial planner” (and certain other expressions). Under subsection  923C(9), however, these expressions may be assumed or used by a provisional relevant provider in an expression specified in this section of this determination.\n","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument performs exactly the narrow, specific function it was designed for: authorising two specific expressions for provisional relevant providers. There is no scope creep or expansion beyond the original intent specified in the enabling provision (subparagraph 921U(2)(a)(v) of the Corporations Act 2001)."},"complexity_factors":["Extremely short: only 4 operative sections spanning less than one page","No defined terms within the instrument itself (relies entirely on external definitions in the Corporations Act 2001)","No conditional logic, exceptions, or cross-references beyond basic authority and commencement provisions","Single substantive provision (section 4) containing a straightforward specification of two expressions","No administrative machinery, penalties, or enforcement mechanisms"],"plain_english_summary":"This short instrument officially authorises two job titles—\"provisional financial planner\" and \"provisional financial adviser\"—for trainee financial professionals in Australia. It lets provisional relevant providers and their employers use clear, lawful titles while informing consumers these individuals are still in training. The change preserves protection of the fully qualified \"financial adviser/planner\" label and reduces confusion about advisors’ credentials."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The instrument does not alter who is a provisional relevant provider; it only clarifies that the two specified expressions refer to that class and may be used where section 923C(9) allows (s4; note 2). It therefore does not broaden or narrow the covered population, only the permitted terminology."},"complexity_factors":["Very narrow, single substantive clause specifying two expressions (s4).","Relies on external statutory definitions and limits (s910A and s923C(9)), creating interpretive dependency.","Administrative simplicity: clear commencement rule and explicit authority clause (ss2–3).","Low regulatory drafting complexity but some interpretive risk about when use is permitted under s923C(9)."],"plain_english_summary":"This determination specifies that the expressions \"provisional financial planner\" and \"provisional financial adviser\" refer to a provisional relevant provider (s4). It allows provisional relevant providers to use those expressions where section 923C(9) permits, relying on the definition in section 910A. It affects provisional relevant providers, who bear any compliance or reputational consequences of using the terms; the Financial Adviser Standards and Ethics Authority made the determination under section 921U(2)(a)(v) (s3)."}},"importantCases":[],"_links":{"self":"/api/acts/corporations-provisional-relevant-providers-expressions-determination-2018","history":"/api/acts/corporations-provisional-relevant-providers-expressions-determination-2018/history","analysis":"/api/acts/corporations-provisional-relevant-providers-expressions-determination-2018/analysis","conflicts":"/api/acts/corporations-provisional-relevant-providers-expressions-determination-2018/conflicts","importantCases":"/api/acts/corporations-provisional-relevant-providers-expressions-determination-2018/important-cases","documents":"/api/acts/corporations-provisional-relevant-providers-expressions-determination-2018/documents"}}