Commonwealth Consolidated Acts Commonwealth Consolidated ActsApproved third - party bill payment systems
(1) This Part does not apply to an instruction that arises from the use of an approved third - party bill payment system.
(2) This Part does not apply to an instruction that arises from the use of a debit card or a credit card if:
(a) the use does not involve obtaining a cash advance; and
(b) the number of the card is included in the instruction; and
(c) the card is not of a kind specified in the AML/CTF Rules; and
(d) the use does not take place in circumstances of a kind specified in the AML/CTF Rules.
(2A) This Part does not apply to an instruction that arises from the use of a debit card or a credit card at a branch of a financial institution if:
(a) the number of the card is included in the instruction; and
(b) the card is not of a kind specified in the AML/CTF Rules; and
(c) the use does not take place in circumstances of a kind specified in the AML/CTF Rules.
Cheques
(3) This Part does not apply to an instruction given by way of a cheque unless the cheque is of a kind specified in the AML/CTF Rules.
ATMs
(4) This Part does not apply to an instruction given by the use of an ATM if:
(a) the ATM is not of a kind specified in the AML/CTF Rules; and
(b) the use does not take place in circumstances of a kind specified in the AML/CTF Rules.
Merchant terminals
(4A) This Part does not apply to an instruction given by way of the operation of a merchant terminal if:
(a) the operation is authorised by a financial institution; and
(b) the merchant terminal is not of a kind specified in the AML/CTF Rules; and
(c) the operation does not take place in circumstances of a kind specified in the AML/CTF Rules.
Inter - financial institution transfers
(5) This Part does not apply to a transfer of money between 2 financial institutions if each financial institution acts on its own behalf.
Prescribed instructions
(6) This Part does not apply to an instruction of a kind prescribed by the AML/CTF Rules.