Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p14
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 36892–39960

(3) a notice that:
           (a) was issued to an individual by a local government body or utilities provider within the preceding three months;
           (b) contains the name of the individual and his or her residential address; and
           (c) records the provision of services by that local government body or utilities provider to that address or to that person.
    (4) In relation to a person under the age of 18, a notice that:
           (a) was issued to a person by a school principal within the preceding three months;
           (b) contains the name of the person and his or her residential address; and
           (c) records the period of time that the person attended at the school.
    senior managing official means an individual who makes, or participates in making, decisions that affect the whole, or a substantial part, of the business of a customer of a reporting entity or who has the capacity to affect significantly the financial standing of a customer of a reporting entity.

    totalisator agency board means a board or authority established, or a company holding a licence, under a law of a State or Territory for purposes that include the purpose of operating a betting service.

    unregistered foreign company means a foreign company that is not a registered foreign company.

    1.2.2 In these Rules, the terms 'ABN', 'ACN', 'ARBN', 'Australian financial services licence', 'ASIC', 'managed investment scheme', 'proprietary company', 'registered office' and 'wholesale client' have the same respective meanings as in the Corporations Act 2001.

    1.2.3 In these Rules, the terms 'Australian credit licence' and 'credit representative' have the same respective meanings as in the National Consumer Credit Protection Act 2009.

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 2
          Part 2.1 Definition of 'designated business group'

2.1.1 These Anti-Money Laundering and Counter-Terrorism Financing Rules (Rules) are made pursuant to section 229 of the Anti-Money Laundering and              Counter-Terrorism Financing Act 2006 (AML/CTF Act) for the purposes of              the definition of 'designated business group' in section 5 of the AML/CTF              Act.

2.1.2 For the purposes of the definition of 'designated business group' in section 5              of the AML/CTF Act:

 (1) an election will be made in accordance with the AML/CTF Rules if                             it is made on the approved election form and provided to AUSTRAC                             by the Nominated Contact Officer;

 (2) a 'designated business group' is established when the approved form is                             provided to the AUSTRAC