7Qualifying CPD activities

7 Qualifying CPD activities

(1) An activity is a qualifying CPD activity if all the following requirements are satisfied: (a) the activity is in one of the CPD areas in the table to this section (the areas are referred to by the names in column 3 of the table); (b) the activity has sufficient intellectual or practical content; (c) the activity primarily deals with matters related to the provision of financial product advice, financial advice services and financial advice business; (d) the activity is led or conducted by 1 or more persons who are appropriate, and have sufficient standing, expertise, academic qualifications and/or practical experience; (e) the activity is designed to enhance relevant providers’ knowledge and skills in areas that are relevant to the provision of financial product advice and financial advice services. (2) Paragraph (1)(d) does not apply to an activity that consists of professional or technical reading. (3) If a CPD activity is able to count across more than 1 CPD area, it may be counted as being in the CPD area to which it predominantly relates, as long as there is no double counting of hours. (4) Formal relevant education provided by an education provider, which may include any of the following: (a) a degree or equivalent qualification approved under the Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2018; (b) a course determined in a legislative instrument under paragraph 1546B(1)(b) of the Act; (c) education or training provided or approved by a professional association; (d) formal education or training study towards qualifications or designations relevant to practice as a relevant provider.