Document ID: chunk:federal_register_of_legislation:C2025C00044:section:39
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 39
Character Range: 174993–176666

39  General exemptions
 (1) This Part does not apply to a designated service that is of a kind specified in the AML/CTF Rules.
 (2) The AML/CTF Rules may provide that a specified provision of this Part does not apply to a designated service that is of a kind specified in the AML/CTF Rules.
 (3) This Part does not apply to a designated service that is provided in circumstances specified in the AML/CTF Rules.
 (4) The AML/CTF Rules may provide that a specified provision of this Part does not apply to a designated service that is provided in circumstances specified in the AML/CTF Rules.
 (5) This Part does not apply to a designated service that is provided by a reporting entity at or through a permanent establishment of the entity in a foreign country.
 (6) This Part (other than Division 6) does not apply to a designated service covered by item 40, 42 or 44 of table 1 in section 6.
 (7) This Part does not apply to a designated service covered by item 54 of table 1 in section 6 if the service relates to arrangements for a person to receive a designated service covered by item 40, 42 or 44 of that table.
Note 1: Item 40 of table 1 in section 6 deals with accepting payment of the purchase price for a new pension or annuity.
Note 2: Item 42 of table 1 in section 6 deals with accepting a superannuation contribution, roll‑over or transfer.
Note 3: Item 44 of table 1 in section 6 deals with accepting an RSA contribution, roll‑over or transfer.
Note 4: Item 54 of table 1 in section 6 covers a holder of an Australian financial services licence who arranges for a person to receive a designated service.

Part 3—Reporting obligations

Division 1—Introduction