Professional Standards Act 2003 (Vic)
Under the Professional Standards Act 2003 (Vic) and the Scheme approved under that Act, the liability of the firm, its partners, associates and employees or contractors is limited to a maximum sum of $500,000, where the fee for the engagement is up to $50,000, or ten times the fee (subject to $50 million ceiling) for fees in excess of $50,000.
A copy of the Act and the Scheme are both available on the website of Chartered Accountants Australia and New Zealand https://charteredaccountantsanz.force.com/
Disclaimer
All material contained in the Ax3 website is provided as a general guide only. No material should be accepted as authoritative advice and any person wishing to act upon the material contained in this website should first contact a member firm of the Ax3 for properly considered advice which will take into account his or her own specific circumstances.
No responsibility is accepted for any action taken without advice, by readers of the material contained in this website.
Disclosure of other fees and commission
We disclose to our clients any commissions or other fees received as a result of work done for that client and will fully comply with any statutory requirements in relation to the disclosure of such information.
Privacy
Ax3 understands the importance of protecting the privacy of an individual’s personal information. This policy sets out how Ax3 aims to protect the privacy of your personal information, your rights in relation to your personal information managed by Ax3 and the way Ax3 collects, holds, uses and discloses your personal information.
Ax3 may collect Personal Information about you, your representatives, your clients and others when we provide services to you. If we do, you agree to work with us to ensure that we both meet the obligations that we each may have under the Privacy Act 1988 (Cth) (as amended) (Privacy Act). The obligations may include notifying the relevant person to whom the personal information relates who we are and how we propose to use their personal information. Where you have collected personal information, you confirm that you have collected the personal information in accordance with the Privacy Act, that you are entitled to provide this personal information to us and that we may use and disclose the personal information for the purpose/s we provide our services to you. We will handle personal information in accordance with the Privacy Act.
Ax3 may use and disclose your personal information in order to inform you of products and services that may be of interest to you. In the event you do not wish to receive such communications, you can opt out by contacting Ax3 or through any opt out mechanism contained in a marketing communication to you. Ax3 will not use or disclose credit-related personal information for direct marketing purposes.
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