Document ID: chunk:federal_register_of_legislation:F2024L01311:reg:5
Version: federal_register_of_legislation:F2024L01311
Segment Type: reg
Provision Reference: reg 5
Character Range: 2110–2795

5  Prescribed program
 (1) For the purposes of subsection 33(1) of the Act, the Streamlining External Dispute Resolution for Scams Program (the program) is prescribed.
 (2) The program provides funding by way of a grant to the Australian Financial Complaints Authority Limited (ABN 38 620 494 340).
 (3) The purpose of the program is to facilitate the Australian Financial Complaints Authority Limited to prepare for, and implement all systems necessary for, operating an external dispute resolution scheme for dealing with complaints to one or more of the following about scams:
 (a) ADIs;
 (b) participants in the telecommunications industry;
 (c) providers of electronic services.