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Draft Relevant Providers Degrees, Qualifications and Courses Standard(Amendment No. 1) Legislative Instrument

This consultation process has now been completed

25/03/2019 - 01/04/2019

CONSULTATION CLOSED

Section 921U (2) (a) (i) of the Corporations Act 2001 (the Act) requires FASEA to approve bachelor or higher degrees, or equivalent qualifications that relevant providers are required to complete under Section 921B(2)(a) of the Act. This Act includes the possibility of recognition of prior learning (RPL) for completed formal and informal study pursuant to section 1546B(1)(b).

The Relevant Providers Degrees, Qualifications and Courses Standard (Amendment No. 1) Legislative Instrument is updated with additional information from higher education providers on their historical degrees and as well extends the range of approved historical programs.

It also includes the first approved recognition of prior learning (RPL) for education undertaken to attain a professional designation.  The FPA’s 5 unit Certified Financial Planner (CFP) program (Semester 2, 2003) has been assessed pursuant to FASEA’s program and provider accreditation policy and as a result Financial Advisers/Planners who have completed this program will receive two credits for the appropriate existing adviser pathways set out in FASEA’s Education Standard.

MAKE YOUR SUBMISSION

FASEA invites submissions and/or comments on the draft Amendment Legislative Instrument through our dedicated consultations email (consultation@fasea.gov.au).

Due date for submission: 5pm 1 April 2019