Commonwealth Consolidated Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 91

Standard anti - money laundering and counter - terrorism financing program

  (1)   To avoid doubt, AML/CTF Rules made for the purposes of paragraph   84(3)(b) may require that, if:

  (a)   a designated service is provided to a customer specified in the AML/CTF Rules; or

  (b)   a designated service is provided to a customer in circumstances specified in the AML/CTF Rules;

Part B of a standard anti - money laundering and counter - terrorism financing program must provide that one or more elements of the applicable customer identification procedure for the customer must involve the reporting entity obtaining a certificate, to be known as a disclosure certificate , from:

  (c)   the customer; or

  (d)   person who is:

  (i)   associated with the customer; and

  (ii)   specified in the AML/CTF Rules.

Note:   For specification by class, see subsection   13(3) of the Legislation Act 2003 .

Joint anti - money laundering and counter - terrorism financing program

  (2)   To avoid doubt, AML/CTF Rules made for the purposes of paragraph   85(3)(b) may require that, if:

  (a)   a designated service is provided to a customer specified in the AML/CTF Rules; or

  (b)   a designated service is provided to a customer in circumstances specified in the AML/CTF Rules;

Part B of a joint anti - money laundering and counter - terrorism financing program must provide that one or more elements of the applicable customer identification procedure for the customer must involve the reporting entity obtaining a certificate, to be known as a disclosure certificate , from:

  (c)   the customer; or

  (d)   person who is:

  (i)   associated with the customer; and

  (ii)   specified in the AML/CTF Rules.

Note:   For specification by class, see subsection   13(3) of the Legislation Act 2003 .

Special anti - money laundering and counter - terrorism financing program

  (3)   To avoid doubt, AML/CTF Rules made for the purposes of paragraph   86(1)(c) may require that, if:

  (a)   a designated service is provided to a customer specified in the AML/CTF Rules; or

  (b)   a designated service is provided to a customer in circumstances specified in the AML/CTF Rules;

a special anti - money laundering and counter - terrorism financing program must provide that one or more elements of the applicable customer identification procedure for the customer must involve the reporting entity obtaining a certificate, to be known as a disclosure certificate , from:

  (c)   the customer; or

  (d)   person who is:

  (i)   associated with the customer; and

  (ii)   specified in the AML/CTF Rules.

Note:   For specification by class, see subsection   13(3) of the Legislation Act 2003 .