The Institute has announced new changes governing the Certificate of Public Practice (CPP) that come into effect on 1 July 2008.

We have extensively rewritten the regulations so that we can:

• Place reliance on members’ licensing obligations and quality control procedures in place under financial services legislation
• Integrate the monitoring of members who act as representatives/authorised representatives of AFSLs, or who do not offer services under their statutory registration with the annual membership subscription process
• Raise the threshold for the CPP concessional rate from $2000 to $7500.
• Provide guidance so that members can easily identify when they should apply for a CPP.

Some members may require a CPP, who didn't previously hold one.

Likewise, other members may no longer require a CPP.

We encourage you to find out now if you require a CPP under the new regulations. To assist you this helpful tool will guide you through the process.