Document ID: chunk:federal_register_of_legislation:C2025C00044:section:5:p6
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 5 (pt 6/19)
Character Range: 46727–49420

section 13.
control test: passing the control test has the meaning given by section 11.
corporate group has the meaning given by subsection 123(12).
correspondent banking relationship means a relationship that involves the provision by a financial institution (the first financial institution) of banking services to another financial institution, where:
 (a) the first financial institution carries on an activity or business at or through a permanent establishment of the financial institution in a particular country; and
 (b) the other financial institution carries on an activity or business at or through a permanent establishment of the other financial institution in another country; and
 (c) the correspondent banking relationship relates, in whole or in part, to those permanent establishments; and
 (d) the relationship is not of a kind specified in the AML/CTF Rules; and
 (e) the banking services are not of a kind specified in the AML/CTF Rules.
For this purpose, banking service includes anything that, under the AML/CTF Rules, is taken to be a banking service for the purposes of this definition.
Note: For geographical links, see section 100.
country means Australia or a foreign country.
credit card is a thing (whether real or virtual) that is one or more of the following:
 (a) a thing of a kind commonly known as a credit card;
 (b) a similar thing intended for use by a person in obtaining access to an account that is held by the person for the purpose of obtaining money, goods or services on credit;
 (c) a thing of a kind that persons carrying on business commonly issue to their customers, or prospective customers, for use in obtaining goods or services from those persons on credit;
 (d) a thing that may be used as a thing referred to in paragraph (a), (b) or (c).
credit reporting body has the same meaning as in the Privacy Act 1988.
custodial or depository service: see the definition of providing a custodial or depository service.
customer has the meaning given by section 6, and includes a prospective customer.
customs officer means an officer of Customs within the meaning of the Customs Act 1901.
damage, in relation to data, includes damage by erasure of data or addition of other data.
data includes:
 (a) information in any form; or
 (b) any program (or part of a program).
data storage device means a thing containing, or designed to contain, data for use by a computer.
debit card means:
 (a) a thing (whether real or virtual) that is intended for use by a person in obtaining access to an account that is held by the person for the purpose of withdrawing or depositing physical currency or obtaining goods or services; or
 (b) a thing (whether real