29FExemption: activities of members of certain professions

29F Exemption: activities of members of certain professions

A person is exempt in relation to an activity the person undertakes on behalf of a foreign principal if: (a) the person’s profession is any of the following: (i) a tax agent; (ii) a customs broker; (iii) a liquidator or receiver; and (b) the activity is undertaken in the ordinary course of the person’s practice of that profession; and (c) the activity is, or relates primarily to, or is incidental to, the provision of representation in relation to a government administrative process involving the foreign principal; and (d) at the time the activity is undertaken, both of the following matters are either apparent to all persons with whom the person is dealing or disclosed to them: (i) the fact that the person is undertaking the activity on behalf of a foreign principal; (ii) the identity of the foreign principal.