Document ID: chunk:federal_register_of_legislation:C2025C00044:section:91
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 91
Character Range: 292841–295510

91  Applicable customer identification procedures—disclosure certificates

Standard anti‑money laundering and counter‑terrorism financing program
 (1) To avoid doubt, AML/CTF Rules made for the purposes of paragraph 84(3)(b) may require that, if:
 (a) a designated service is provided to a customer specified in the AML/CTF Rules; or
 (b) a designated service is provided to a customer in circumstances specified in the AML/CTF Rules;
Part B of a standard anti‑money laundering and counter‑terrorism financing program must provide that one or more elements of the applicable customer identification procedure for the customer must involve the reporting entity obtaining a certificate, to be known as a disclosure certificate, from:
 (c) the customer; or
 (d) person who is:
 (i) associated with the customer; and
 (ii) specified in the AML/CTF Rules.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.

Joint anti‑money laundering and counter‑terrorism financing program
 (2) To avoid doubt, AML/CTF Rules made for the purposes of paragraph 85(3)(b) may require that, if:
 (a) a designated service is provided to a customer specified in the AML/CTF Rules; or
 (b) a designated service is provided to a customer in circumstances specified in the AML/CTF Rules;
Part B of a joint anti‑money laundering and counter‑terrorism financing program must provide that one or more elements of the applicable customer identification procedure for the customer must involve the reporting entity obtaining a certificate, to be known as a disclosure certificate, from:
 (c) the customer; or
 (d) person who is:
 (i) associated with the customer; and
 (ii) specified in the AML/CTF Rules.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.

Special anti‑money laundering and counter‑terrorism financing program
 (3) To avoid doubt, AML/CTF Rules made for the purposes of paragraph 86(1)(c) may require that, if:
 (a) a designated service is provided to a customer specified in the AML/CTF Rules; or
 (b) a designated service is provided to a customer in circumstances specified in the AML/CTF Rules;
a special anti‑money laundering and counter‑terrorism financing program must provide that one or more elements of the applicable customer identification procedure for the customer must involve the reporting entity obtaining a certificate, to be known as a disclosure certificate, from:
 (c) the customer; or
 (d) person who is:
 (i) associated with the customer; and
 (ii) specified in the AML/CTF Rules.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.

Division 4—Other provisions