All of the following statements are true: (1) I provide tax agent services or BAS agent services for a fee; (2) I am registered on the Tax Practitioners Board Register; and (3) I offer no services that require licensure/registration with an Australian financial services regulatory agency (e.g., ASIC or APRA).
Both of the following statements are true: (1) I am an accountant in Australia; (2) I offer no services that require licensure/registration with an Australian financial services regulatory agency (e.g., ASIC or APRA).
I provide exclusively non-profit credit counseling services.
I provide credit to persons other than a natural person or a strata corporation (Section 5(1)(a) of the National Credit Code).
I provide credit predominantly for business purposes only (Section 5(1)(b) of the National Credit Code).
I provide credit but no charge (e.g., interest or fees) is made for providing the credit (Section 5(1)(c) of the National Credit Code).
I provide credit but the loans provided fall under the fixed charge exemption (Section 6(5) of the National Credit Code) so that: (i) only periodic or other fixed fees charges for providing the credit apply; (ii) the loan is a “continuing credit contract” (e.g., a credit card); and (iii) the fixed fee charges comply with the fee cap requirements under Regulation 51 of the National Consumer Credit Protection Regulations 2010 (Cth).
I make payments, or cause payments to be made, otherwise than by the physical delivery of Australian or foreign currency in the form of notes and/or coins and I qualify for the Single Payee exemption under Section 763D(2)(a)(i) of the Corporations Act.
I make payments, or cause payments to be made, otherwise than by the physical delivery of Australian or foreign currency in the form of notes and/or coins and I qualify for the Electronic Funds Transfer exemption under Regulation 7.1.07G of the Corporations Regulations 2001.
I provide cash-only bill payment services and do not provide any non-cash payment services.
I provide credit but the the loans provided fall within the scope of the short term credit exemption under Section 6(1) of the National Credit Code. Note: Google’s policies on short term personal loans still apply.
I am registered with AUSTRAC as a remittance service provider and I qualify for the Electronic Funds Transfer exemption under reg. 7.01.07G of the Corporations Regulations 2001.
I am a bullion dealer and I am enrolled with AUSTRAC.
All of the following statements are true: (1) I am a pawnbroker; (2) I provide credit on the security of pawned or pledged goods in the ordinary course of my pawnbroking business; (3) if a debtor is in default, my only recourse is against the goods provided as security for the provision of the credit (Section 6(9) of the National Credit Code); (4) I comply with all state/territory legislation that applies to my business; and (5) I offer no financial services that require licensure by ASIC or APRA. Please note: If you choose this exemption, G2 and/or Google may follow up with you to request more information, such as state, territory, and/or local licenses.
All of the following are true: I am regulated by the Australian Prudential Regulation Authority (APRA). The service provided is one in relation to which APRA has supervisory responsibilities. The service is provided only to wholesale clients (Section 911A(2)(g) of the Corporations Act 2001).
All of the following statements are true: (1) I am a private health insurer in Australia; (2) I am regulated by the Australian Prudential Regulation Authority (APRA) in accordance with the Private Health Insurance (Prudential Supervision) Act 2015; (3) My business can be found in APRA’s Register of Private Health Insurers; and (4) I provide no type of service that requires licensure/registration with the Australian Securities and Investments Commission (ASIC).
If a regulatory exemption that applies to your business type is not listed above, please provide the specific regulatory exemption that applies to your business. In addition to citing the specific regulatory exemption
