Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p190
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 525961–528683

to activities they undertake to comply with the AML/CTF Act, they will have obligations under the Privacy Act 1988, including the requirement to comply with the Australian Privacy Principles, even if they would otherwise be exempt from the Privacy Act. For further information about these obligations, please go to http://www.oaic.gov.au or call 1300 363 992.

CHAPTER 67 Warrants

    67.1 These Anti-Money Laundering and Counter-Terrorism Financing Rules (Rules) are made under section 229 for subsection 39(4) of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).

    67.2 Division 4 of Part 2 of the AML/CTF Act does not apply to a warrant issuer providing a designated service in relation to a warrant that is of a kind described in item 46 of table 1 in subsection 6(2) of the AML/CTF Act in the circumstances specified in subparagraph 67.7(1).

    67.3 Division 4 of Part 2 of the AML/CTF Act does not apply to a warrant issuer providing a designated service in relation to a warrant that is of a kind described in item 46 of table 1 in subsection 6(2) of the AML/CTF Act in the circumstances specified in subparagraph 67.7(2).

    67.4 Division 4 of Part 2 of the AML/CTF Act does not apply to a warrant issuer providing a designated service in relation to a warrant that:

         (1) is of a kind described in item 35 of table 1 in subsection 6(2) of the AML/CTF Act; or

         (2) is of a kind described in item 46 of table 1 in subsection 6(2) of the AML/CTF Act

         in the circumstances specified in subparagraph 67.7(3).

    67.5 Division 4 of Part 2 of the AML/CTF Act does not apply to a warrant issuer providing a designated service that relates to a warrant that is of a kind described in item 46 of table 1 in subsection 6(2) of the AML/CTF Act in the circumstances specified in subparagraph 67.7(4).

    67.6  Division 4 of Part 2 of the AML/CTF Act does not apply to a warrant issuer providing a designated service that relates to a warrant that:

          1.                is of a kind described in item 35 of table 1 in subsection 6(2) of the AML/CTF Act; or

          2.                is of a kind described in item 46 of table 1 in subsection 6(2) of the AML/CTF Act;

    in the circumstances specified in subparagraph 67.7(5).

    67.7 The specified circumstances for the purposes of paragraphs 67.2, 67.3, 67.4, 67.5 and 67.6 are that the designated service is provided by a warrant issuer in relation to a warrant; and

         (1) a customer acquires a warrant on-market or off-market through the completion of a transfer; or

         (2) after the circumstances in subparagraph 67.7(1) occur, as a result of a corporate