6Relevant providers’ CPD plans

6 Relevant providers’ CPD plans

(1) Each relevant provider must prepare a plan (a CPD plan) for each CPD year applicable to the provider, and may amend the plan at any time. (2) Subject to subsections (3) and (4), the plan must be prepared before the start of each CPD year. (3) If the CPD year is affected by subsection 1546E(5) of the Act, the plan must be prepared by 31 March 2019. (4) If the provider becomes a relevant provider after the start of the CPD year applicable to the provider, the plan must be prepared no later than 3 months, after the provider becomes a relevant provider. (5) A CPD plan, and an amendment of a CPD plan, must be in writing. (6) A relevant provider’s CPD plan (including as amended) must identify areas for improvement in, and development and extension of, the provider’s competence, knowledge and skills and describe the qualifying CPD activities the provider will complete during the CPD year to achieve those improvements. (7) If the relevant provider has an employer who is a financial services licensee: (a) the licensee must monitor the provider’s implementation of the plan; and (b) the provider must give the employer a copy of the plan, and any information relating to implementation, on request.

Note: See also section 11.