Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p175
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 485340–488312

arising from any court outcomes within Australia which are disclosable;

              (iv) specifies the reference number allocated to the NPHC by the accredited agency;

              (v) specifies the name of the accredited agency which obtained the NPHC; and

              (vi) specifies the date on which the NPHC was released.

     Note 1: Subsection 6E(1A) of the Privacy Act 1988 applies the Australian Privacy Principles to all reporting entities in relation to their activities under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.

     Note 2: A reporting entity intending to disclose a NPHC or information from it to AUSTRAC should ensure that it complies with any requirements of the Australian Crime Commission in regard to that disclosure.

Reporting entities should note that in relation to activities they undertake to comply with the AML/CTF Act, they will have obligations under the Privacy Act 1988, including the requirement to comply with the Australian Privacy Principles, even if they would otherwise be exempt from the Privacy Act. For further information about these obligations, please go to http://www.oaic.gov.au or call 1300 363 992.
CHAPTER 61 Reporting obligations of remittance affiliates

    61.1 These Anti-Money Laundering and Counter-Terrorism Financing Rules (Rules) are made under section 229 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) for the purpose of items 50(1) and 50(2) of Part 2 of Schedule 1 of the Combating the Financing of People Smuggling and Other Measures Act 2011.

    61.2 An obligation imposed by subsection 43(2) or 45(2) of the AML/CTF Act upon a remittance affiliate of a remittance network provider to give a report to the AUSTRAC CEO is taken instead to be an obligation imposed upon, and must be discharged by, the remittance network provider.

    61.3 If a suspicious matter reporting obligation imposed by subsection 41(1) of the AML/CTF Act upon a remittance affiliate of a remittance network provider arises, that obligation may be met by the remittance network provider under a written agreement in place between the remittance affiliate and the remittance network provider.

    61.4 In this Chapter:

     (1) 'remittance affiliate' means a reporting entity:

              (a) that provides a designated service covered by item 31 or 32 of table 1 in section 6 of the AML/CTF Act; and

              (b) provides that service as part of a network of persons referred to in item 32A of that table operated by a remittance network provider;

         (2) 'remittance network provider' means a reporting entity that provides a designated service covered by item 32A of table 1 in section 6(2) of the AML/CTF Act.

Reporting entities should note that in relation to activities they undertake to comply with the AML/CTF Act, they will have obligations under the Privacy Act 1988, including the requirement to comply with the