Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p114
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 319237–322365

may be, for the person and each of its key personnel.

    Note: The above does not affect the operation of Part VIIC of the Crimes Act 1914, which means that certain convictions that are spent convictions are not required to be disclosed under these AML/CTF Rules.

           (56) Details of whether the person is:

               (a) a subsidiary of another entity or entities; or

               (b) controlled by another entity or entities; and

               if so

               (c) the full names, addresses, positions and titles of the directors of the other entity or entities; and

               (d) the ACN, ABN, ARBN (or foreign equivalent) of the other entity or entities (as applicable);

           (57) the business contact details of the individual who completed the application for registration, comprising:

               (a) full name;

               (b) position or title;

               (c) date of birth (optional);

               (d)  telephone number;

               (e) facsimile number (if applicable);

               (f) email address; and

               (g) postal address.

    Note: Section 75A of the AML/CTF Act specifies that the following details must be entered on the Remittance Sector Register if the AUSTRAC CEO decides to register a person under subsection 75C(2): 'the name of the person', 'whether the person is registered as (i) a remittance network provider, (ii) an independent remittance dealer, or (iii) a remittance affiliate of a registered remittance network provider', 'if the person is registered as a remittance affiliate of a registered remittance network provider – the name of the registered remittance network provider', 'any conditions to which the registration of the person is subject', and 'the date on which the registration takes effect'.

27.2 In this Chapter:

           (1) 'authorised individual' means a natural person who is:

               (a) a beneficial owner; or

               (b) an officer as defined in section 9 of the Corporations Act 2001 or;

               (c) is an employee of the person registered on the Remittance Sector Register who has been authorised in writing by the registered person to act in this capacity;

           (2) 'beneficial owner' has the same meaning as in Chapter 1 of these AML/CTF Rules;

           (3) 'company' has the same meaning as in the Corporations Act 2001;

           (4) 'control' has the meaning given by section 50AA of the Corporations Act 2001;

           (5) 'destination' includes country and a city or town of that country;

           (6) 'enforcement action' includes any action of a corrective or punitive nature in respect of an alleged breach of a law taken by a regulatory body of the Commonwealth or a State or Territory, or a government body;

           (7) 'entity' has the same meaning as in section 9 of the Corporations Act 2001;

           (8) 'fraud' means dishonestly obtaining a benefit by deception or other means;

           (9) 'key personnel' means:

               (a) in the case of a company, corporation sole or body politic,