6Approvals of degrees and qualifications

6 Approvals of degrees and qualifications

(1) Under subsection 921B(6) of the Act, each of the degrees and qualifications specified in an item in Schedule 1 is approved for the purposes of subparagraph 921B(2)(a)(i) of the Act. (2) Under subsection 921B(6) of the Act, each of the following conditions, for which a person must satisfy in relation to completing an approved degree or qualification, is approved for the purposes of subparagraph 921B(2)(a)(ii) of the Act: (a) the person completes an Ethics for Professional Advisers bridging unit, but this paragraph does not apply if the relevant item in Schedule 1 states that this paragraph does not apply; (b) any other condition specified in the item in Schedule 1 for the degree or qualification.

Note 2 Ethics for Professional Advisers bridging units are identified, by provider, in Schedule 2.

(2A) Under subsection 921B(6) of the Act, each of the following ways for satisfying the conditions approved under subsection (2) of this instrument for completing an approved degree or qualification is approved for the purposes of subparagraph 921B(2)(a)(ii) of the Act: (a) the person has one or more academic transcripts, issued by the provider of the approved degree or qualification, which demonstrates that the person has met each of the approved conditions in relation to that approved degree or qualification; (b) the person has one or more statements, issued by the provider of the approved degree or qualification, confirming that the person has met each of the approved conditions in relation to that approved degree or qualification. (3) Under subsection 921B(6) of the Act, any Masters degree awarded by a higher education provider listed in Schedule 1 is approved for the purposes of paragraph 921B(2)(a) of the Act for a person, subject to the following condition being satisfied, namely, that the person has completed the units required to meet a Graduate Diploma listed in Schedule 1 offered by the higher education provider.