Commonwealth Numbered Regulations Commonwealth Numbered Regulations
[ 1 ] After regulation 9.07
insert
9.08 Qualifications of applicants
For paragraph 186C (2) (e) of the Act, the following qualifications are prescribed after 30 June 2009:
(a) a Certificate IV in Financial Services (Accounting) from an Australian college of advanced education;
(b) a degree, diploma or similar qualification from an Australian university or college of advanced education, or other Australian tertiary institution, of an equivalent or higher level to the qualification mentioned in paragraph (a).
[2] Schedule 8, items 21 and 22
substitute
|
21 |
Part IX
debt agreement proposal
|
debt agreement proposal, explanatory statement and statement of affairs |
debtor |
not applicable |
* date that acceptance of proposal for processing and name and address of debt agreement processor are entered in the Index * particulars of debtor * particulars of whether proposal accepted or rejected following processing * date that a proposal lapses (if at all) * date of withdrawal or cancellation of proposal |
|
22 |
Part IX
debt agreements |
debt agreement
notification of completion or termination of the debt agreement
notification of a designated 6‑month arrears default |
notification of completion: the debt agreement administrator
notification of 6‑month arrears default: the debt agreement administrator |
notification of completion: 5 working days after end of debt agreement
notification of 6‑month arrears default: 10 working days after occurrence of designated 6‑month arrears default |
*
particulars of debtor (if different from particulars * date that making of debt agreement entered in the Index * date at end or termination of debt agreement * particulars of reason for debt agreement termination or end |
[3] Schedule 8, after item 23
insert
|
23A |
Section 186B
Application for registration as a debt agreement administrator |
application |
Inspector‑General |
not applicable |
* date of application * particulars of applicant |
|
23B |
Section 186D
Registration as a debt agreement administrator |
application
approval or refusal of registration application under section 186C (including any conditions specified for subsection 186C (9)). |
Inspector‑General |
not applicable |
* particulars of applicant * details of the approval or refusal (including specified conditions applying to the debt agreement administrator on registration) |
|
23C |
Section 186F
Conditions of registration |
notice of imposition of conditions |
Inspector‑General |
not applicable |
* particulars of conditions imposed on debt agreement administrator's registration |
|
23D |
Sections 186J, 186K and 186L
Debt agreement administrator registration ceases |
approval of registration
notice of request to accept surrender of registration (section 186J)
notice of cancellation of registration (section 186K or 186L) |
Inspector‑General |
not applicable |
* date debt agreement administrator registration ceases * particulars of reason for end of registration |