123Recognition of professional bodies

123 Recognition of professional bodies

123 Recognition of professional bodies

(1) The Secretary may recognise a professional body if the Secretary is satisfied that—

(a) the professional body is a body corporate, and

(b) the professional body’s recognition or registration scheme—

(i) adequately provides for the assessment of the qualifications and competencies of persons, and

(ii) has reasonable fees, and

(iii) if appropriate, includes adequate continuing professional development requirements and an effective audit program to ensure continuing registration requirements are met, and

(iv) meets requirements prescribed by the regulations, and

(v) subject to the regulations, complies with guidelines adopted and published by the Secretary, and

(c) for assessments of the qualifications and competencies of persons carried out under the professional body’s recognition or registration scheme—the professional body has—

(i) adequate procedures for monitoring and improving the assessment process, and

(ii) the financial capacity and facilities to conduct the assessments, and

(iii) a proven capacity to undertake independent, authoritative and timely assessments.

(2) The regulations may provide for the recognition of a professional body by the Secretary, including the following—

(a) applications for recognition and for variations to recognition,

(b) fees for applications,

(c) grounds for refusing, suspending or cancelling recognition, including grounds decided by the Secretary,

(d) conditions of recognition, including—

(i) conditions about the following—

(A) the keeping of records,

(B) the disclosure of information,

(C) the investigation or auditing of professional bodies, and