Corporations (Relevant Providers Continuing Professional Development Standard) Determination 2018
8Approval of CPD activities by responsible licensees
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8 Approval of CPD activities by responsible licensees
(1) A responsible licensee must approve, as qualifying CPD activities, at least as many activities as will enable the relevant providers for whom it is the responsible licensee to comply with subsection 9(3).
Note: Subsection 9(3) requires that at least 70% of the minimum number of CPD hours spent by relevant providers (which is 28 hours) must be spent on qualifying CPD activities approved by the responsible licensee.
(2) A responsible licensee must not approve an activity for the purposes of subsection (1) unless satisfied that the activity is a qualifying CPD activity. (3) The maximum number of hours that can be counted for a qualifying CPD activity approved by a responsible licensee is the number specified in the approval.