Document ID: chunk:federal_register_of_legislation:C2025C00044:front:0:p2
Version: federal_register_of_legislation:C2025C00044
Segment Type: other
Provision Reference: 
Character Range: 2804–6299

procedures etc.
Division 1—Introduction
27 Simplified outline
Division 2—Identification procedures for certain pre‑commencement customers
28 Identification procedures for certain pre‑commencement customers
29 Verification of identity of pre‑commencement customer etc.
Division 3—Identification procedures for certain low‑risk services
30 Identification procedures for certain low‑risk services
31 Verification of identity of low‑risk service customer etc.
Division 4—Identification procedures etc.
32 Carrying out applicable customer identification procedure before commencement of provision of designated service
33 Special circumstances that justify carrying out the applicable customer identification procedure after the commencement of the provision of a designated service
34 Carrying out the applicable customer identification procedure after the commencement of the provision of a designated service etc.
Division 5—Verification of identity etc.
35 Verification of identity of customer etc.
Division 5A—Use and disclosure of personal information for the purposes of verifying an individual's identity
35A Reporting entities may disclose certain personal information to credit reporting bodies for identity verification purposes
35B Credit reporting bodies may use and disclose certain personal information for identity verification purposes
35C Reporting entities to notify inability to verify identity
35D Verification information not to be collected or held by a credit reporting body
35E Retention of verification information—credit reporting bodies
35F Retention of verification information—reporting entities
35G Access to verification information
35H Unauthorised access to verification information—offence
35J Obtaining access to verification information by false pretences—offence
35K Unauthorised use or disclosure of verification information—offence
35L Breach of requirement is an interference with privacy
Division 6—Ongoing customer due diligence
36 Ongoing customer due diligence
Division 7—General provisions
37 Applicable customer identification procedures may be carried out by an agent of a reporting entity
37A Reliance on applicable customer identification procedures or other procedures—agreements or arrangements
37B Regular assessments of agreement or arrangement covered by section 37A
38 Reliance on applicable customer identification procedures or other procedures—other circumstances
39 General exemptions
Part 3—Reporting obligations
Division 1—Introduction
40 Simplified outline
Division 2—Suspicious matters
41 Reports of suspicious matters
42 Exemptions
Division 3—Threshold transactions
43 Reports of threshold transactions
44 Exemptions
Division 4—International funds transfer instructions
45 Reports of international funds transfer instructions
46 International funds transfer instruction
Division 5—AML/CTF compliance reports
47 AML/CTF compliance reports
48 Self‑incrimination
Division 6—General provisions
49 Further information to be given to the AUSTRAC CEO etc.
49A AML/CTF Rules may make provision in relation to reports by registered remittance affiliates
49B Notice to obtain information or documents in certain circumstances
49C Authorisation to obtain information or documents in certain circumstances
50 Request to obtain information about the identity of holders of foreign credit cards and foreign debit cards
50A Secrecy—information obtained under section 49, 49B or 49C
51 Division 400 and Chapter 5 of the Criminal Code
Part 3A—Reporting