Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p103
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 288946–292094

Gas Law set out in the Schedule to the National Gas (South Australia) Act 2008;

        (5) 'Wholesale Electricity Market Rules' refers to the market rules made under the Electricity Industry (Wholesale Electricity Market) Regulations 2004 (WA).

Reporting entities should note that in relation 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 OAIC or call 1300 363 992.

CHAPTER 23 Anti-Money Laundering and Counter-Terrorism Financing Rules – persons specified as 'non-financiers'

     23.1 These Anti-Money Laundering and Counter-Terrorism Financing Rules are made under section 229 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) for the purpose of paragraph (e) of the definition of 'non-financier' in section 5 of the AML/CTF Act.

     23.2  For paragraph (e) of the definition of 'non-financier' in section 5 of the AML/CTF Act, the following persons are specified:

         (1) a person carrying on an accounting practice; or

         (2) a person carrying on a law practice.

     23.3 In this Chapter:

         (1) 'accounting practice' means a business carried out 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;

         (2) 'law practice' means a business carried out 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.

Reporting entities should note that in relation 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 24 Anti-Money Laundering and Counter-Terrorism Financing Rules for reports about cross-border movements of monetary instrument

24.1  These Rules are made for the purposes of the following provisions of the Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006 (the Act):
 (a) paragraph 53(7)(b);
 (b) paragraph 53(7)(d);
 (c) paragraph 54(4)(b).

Report about moving monetary instruments into or out of Australia
 (1) If a person moves a monetary instrument into or out of Australia, a report under section 53 of the Act (reports about movements of monetary instruments into or out of Australia) must:
 (a) contain the information specified in subsection (2) (to the extent the information is known); and
 (b) be given in accordance with