Document ID: chunk:federal_register_of_legislation:C2025C00044:section:5:p14
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 5 (pt 14/19)
Character Range: 66758–69791

doubt, it is immaterial whether:
 (a) the account number has been given to the holder of the account; or
 (b) the holder of the account, or any other signatory to the account, can conduct a transaction in relation to the account.
ordering institution, in relation to an electronic funds transfer instruction:
 (a) in the case of a multiple‑institution person‑to‑person electronic funds transfer instruction—has the meaning given by subsection 8(1); or
 (b) in the case of a same‑institution person‑to‑person electronic funds transfer instruction—has the meaning given by subsection 8(2); or
 (c) in the case of a multiple‑institution same‑person electronic funds transfer instruction—has the meaning given by subsection 9(1); or
 (d) in the case of a same‑institution same‑person electronic funds transfer instruction—has the meaning given by subsection 9(2).
owner‑managed branch of an ADI has the meaning given by section 12.
partnership has the same meaning as in the Income Tax Assessment Act 1997.
payee, in relation to an electronic funds transfer instruction:
 (a) in the case of a multiple‑institution person‑to‑person electronic funds transfer instruction—has the meaning given by subsection 8(1); or
 (b) in the case of a same‑institution person‑to‑person electronic funds transfer instruction—has the meaning given by subsection 8(2); or
 (c) in the case of a multiple‑institution same‑person electronic funds transfer instruction—has the meaning given by subsection 9(1); or
 (d) in the case of a same‑institution same‑person electronic funds transfer instruction—has the meaning given by subsection 9(2).
payer, in relation to an electronic funds transfer instruction:
 (a) in the case of a multiple‑institution person‑to‑person electronic funds transfer instruction—has the meaning given by subsection 8(1); or
 (b) in the case of a same‑institution person‑to‑person electronic funds transfer instruction—has the meaning given by subsection 8(2); or
 (c) in the case of a multiple‑institution same‑person electronic funds transfer instruction—has the meaning given by subsection 9(1); or
 (d) in the case of a same‑institution same‑person electronic funds transfer instruction—has the meaning given by subsection 9(2).
permanent establishment has the meaning given by section 21.
person means any of the following:
 (a) an individual;
 (b) a company;
 (c) a trust;
 (d) a partnership;
 (e) a corporation sole;
 (f) a body politic.
Note: See also sections 237 (partnerships), 238 (unincorporated associations) and 239 (trusts with multiple trustees).
personal information has the same meaning as in the Privacy Act 1988.
physical currency means the coin and printed money (whether of Australia or of a foreign country) that:
 (a) is designated as legal tender; and
 (b) circulates as, and is customarily used and accepted as, a medium of exchange in the country of issue.
police officer means:
 (a) an AFP member; or
 (b) a member of the police force or police service of a State or Territory.
prescribed foreign country