Professional Standards Act 1997

A scheme must specify the period (not exceeding 5 years) for which it is to remain in force after its commencement.

Subject to subsection (2), a scheme (other than an interstate scheme) remains in force until —

the period specified under subsection (1) ends; or

the scheme is revoked; or

the scheme’s operation ceases because of the operation of another Act; or

the scheme is declared void, either by an order made by the Supreme Court under section 28 or by an order made by the Supreme Court of another jurisdiction under the corresponding law of that jurisdiction; or

the scheme is disallowed under the Interpretation Act 1984 section 42.

Subject to subsection (2), an interstate scheme remains in force in this jurisdiction until —

the period specified under subsection (1) ends; or

the scheme’s operation in relation to this jurisdiction is terminated under section 30B; or

the scheme ceases to have effect in the jurisdiction in which it was prepared; or

the scheme is disallowed under the Interpretation Act 1984 section 42.

The Minister may, by notice published in the Gazette, extend the period for which a scheme is in force. The notice must be published on or before the day when the original period ends.

Only one extension may be effected under subsection (2) in respect of any particular scheme, and the maximum period of an extension is 12 months.