Requirements for Registering as a BAS Agent: Age, Fit and Proper

The following questions are based on the material in Chapter 1. The requirements for an individual who seeks registration as a BAS Agent are specified in the Tax Agents Services Act 2009 (TASA) and the Tax Agents Services Regulations 2009 (TASR). Access the Tax Practitioners Board websitewww.tpb.gov.au List the five (5) requirements for registering as an individual BAS Agent, as stated on the website: Select one or more: a. You must be at least 18 years of age to be eligible to apply Correct b. You must be a fit and proper person Correct c. You must satisfy the qualification and experience requirements Correct d. You must maintain, or will be able to maintain, professional indemnityinsurance cover that meets TPB requirements Correct e. Complete an online application and provide supporting documents Correct f. You must be at least 21 years of age to be eligible to apply g. You must be attending fitness centre for 1 year before you apply h. Attend the application in person in ATO office Feedback Your answer is correct. Question 2 Correct Mark 20.00 out of 20.00 Flag question Question text The following questions are based on the material in Chapter 1. List the 13 Australian Privacy Principles that apply to organisations and Australian Government Agencies. Please choose Yes or No. 1.Open and transparent management of personal information AnswerCorrect 2.Banking secrecy AnswerCorrect