Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p17
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 45968–49448

person with whom the person described at subparagraph 2.1.2A(3)(c)(i) has a representation agreement; or

                  (d) (i) the person with whom they have a
                  sub-representation agreement; and

                      (ii) the person with whom the person described at subparagraph 2.1.2A(3)(d)(i) has a representation agreement; and

                      (iii) a person or persons who have a sub-representation agreement with the same person described at subparagraph 2.1.2A(3)(d)(i).

       2.1.3 In this Chapter:

              (1) 'approved election form' means Form 1 attached to these Rules;

              (2) 'approved form' for the purposes of sub-rule 2.1.2(2) means Form 2 attached to these Rules;

              (3) 'approved form' for the purposes of sub-rule 2.1.2(3) means Form 3 attached to these Rules;

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

              (5) 'Nominated Contact Officer' means the holder from time to time of one of the following positions:

                  (a) an 'officer' as defined in the Corporations Act 2001, of a member of a designated business group; or

                  (b) the AML/CTF Compliance Officer of a member of a designated business group,

              where that officer or compliance officer has been appointed by the designated business group to hold the position of the Nominated Contact Officer;

              (6) 'accounting practice' means a business carried on by either of the following:

              (a) an accountant (however described) that supplies                professional accounting services; or

                  (b) a partnership or company that uses accountants (however described) to supply professional accounting services;

              (7) 'law practice' means a business carried on by either of the following:

                  (a) a legal practitioner (however described) that supplies professional legal services; or

                  (b) a partnership or company that uses legal practitioners (however described) to supply professional legal services;

              (8) 'money transfer service' means a service, provided under a single brand, trademark or business name through which registrable designated remittance services are carried out;

              (9) 'money transfer service provider' means a person who under a representation agreement authorises a representative to offer the money transfer service on behalf of the money transfer service provider and to engage sub-representatives for the purposes of providing the money transfer service in Australia;

              (10) 'representation agreement' means the written agreement between a money transfer service provider and a representative of the money transfer service provider that states the terms on which the representative offers the money transfer service within Australia;

              (11) 'representative of a money transfer service provider' or 'representative' means a person who offers a money transfer service in accordance with a representation agreement with the money transfer service provider;

              (12) 'sub-representation agreement' means the written agreement between a representative of a money transfer service provider and a sub-representative of a money transfer service provider that states the terms on which the sub-representative provides the money transfer service within Australia;

              (13)