New by-laws 4.8 and 4.9 apply to members holding or offering services in a specialist area.

The two new by-laws stipulate member requirements for the maintenance of CPD as well as minimum competency standards.

Specialist areas include:

• company auditors
• company liquidators
• tax agents
• trustees in bankruptcy
• financial services licensees or representatives
• self managed superannuation fund (SMSF) auditors

For further information view the member-only Members’ Handbook to read the new by-laws and the new competency requirements for auditors of SMSFs.