Document ID: chunk:federal_register_of_legislation:C2004A03935:body:0:p63
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in an instrument or document, to a section of the Principal Act that has been renumbered under this section shall be read as a reference to that section as so renumbered.

PART 3—AMENDMENTS OF THE CASH TRANSACTION REPORTS ACT 1988

Principal Act

36. In this Part, "Principal Act" means the Cash Transaction Reports Act 19882.

Interpretation

37. Section 3 of the Principal Act is amended:

    (a) by omitting "person" from paragraph (c) of the definition of "account" in subsection (1) and substituting "person other than the cash dealer";

    (b) by adding at the end of the definition of "account" in subsection (1) "or for any other form of safe deposit";

    (c) by inserting or a person engaged under section 40a, who is" after "Agency" in the definition of "authorised officer" in subsection (1);

    (d) by omitting "(including a totalisator agency board)" from paragraph (n) of the definition of "cash dealer" in subsection (1) and substituting ", including a totalisator agency board and any other person who operates a totalisator betting service";

    (e) by inserting ", (5a)" after "18 (5)" in the definition of "CTR information" in subsection (1);

    (f) by omitting from subsection (1) the definition of "acceptable referee" and substituting the following definition:

       " 'acceptable referee' means a person in a class of persons declared by the Minister, by notice in the Gazette, to be acceptable referees for the purposes of this definition;";

    (g) by inserting in subsection (1) the following definition:

       " 'identifying cash dealer' means a cash dealer in respect of whom a declaration under section 8a is in force;".

38. After section 8 of the Principal Act the following section is inserted:

Identifying cash dealers

"8a. (1) A cash dealer may apply in writing to the Director to be declared an identifying cash dealer.

"(2) An application must be accompanied by a written undertaking in the approved form, by which the applicant undertakes:

   (a) to carry out the verification procedures under subsection 20 (8), where that subsection applies, and to take all reasonable steps to complete the procedures promptly in each case; and

   (b) to report under section 16 in relation to information obtained by the applicant as a result of carrying out the procedures mentioned in paragraph (a); and

   (c) to give the Director, in respect of such periods as are determined by the Director, written reports on the applicant's compliance with this Act; and

   (d) to do such other things (if any) as are specified in the form.

"(3) An application, and the undertaking accompanying it, must be signed by the applicant personally or, if the applicant is a body corporate, by its principal executive officer.

"(4) On receipt of an application and an