I, Claire LaBouchardiere, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.Date 11 September 2026Claire LaBouchardiereContentsPart 1—Preliminary 31 Name of legislative instrument....................................32 Commencement...............................................33 Authority....................................................34 Schedules....................................................35 Simplified outline of this instrument...............................36 Definitions...................................................3Part 2—Declaration 47 Persons who are qualified accountants..............................4Schedule 1—Repeals 5ASIC Corporations (Qualified Accountant) Instrument 2016/786...........5
This instrument commences on the day after it is registered on the Federal Register of Legislation.Note: The register may be accessed at www.legislation.gov.au.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
In this instrument:Act means the Corporations Act 2001.eligible foreign professional body means each of the following:(a) American Institute of Certified Public Accountants;(b) Association of Chartered Certified Accountants (United Kingdom);(c) Chartered Professional Accountants of Canada;(d) The Institute of Chartered Accountants in England and Wales;(e) Chartered Accountants Ireland;(f) The Institute of Chartered Accountants of Scotland.
All persons in the following classes of members of the following professional bodies are qualified accountants for the purposes of the Act:(a) any member of CPA Australia (CPAA) who:(i) is entitled to use the post-nominals “CPA” or “FCPA”; and(ii) is subject to CPAA’s continuing professional education requirements; and(iii) at or about the time of the member’s most recent renewal of membership, has confirmed in writing to CPAA that the member complies with CPAA’s continuing professional education requirements;(b) any member of Chartered Accountants Australia and New Zealand (CA ANZ) who:(i) is entitled to use the post-nominals “CA” or “FCA”; and(ii) is subject to CA ANZ’s continuing professional education requirements; and(iii) at or about the time of the member’s most recent renewal of membership, has confirmed in writing to CA ANZ that the member complies with CA ANZ’s continuing professional education requirements;(c) any member of the Institute of Public Accountants (IPA) who:(i) is entitled to use the post-nominals “AIPA”, “MIPA”, or “FIPA”; and(ii) is subject to the IPA’s continuing professional education requirements; and(iii) at or about the time of the member’s most recent renewal of membership, has confirmed in writing to the IPA that the member complies with the IPA’s continuing professional education requirements;(d) any member of an eligible foreign professional body who:(i) has at least 3 years of practical experience in accounting or auditing; and(ii) is providing a certificate for the purposes of paragraph 708(8)(c) or 761G(7)(c) of the Act to a person who is resident in the same country (being a country other than Australia) as that member.