Document ID: chunk:federal_register_of_legislation:F2024C01198:body:0:p186
Version: federal_register_of_legislation:F2024C01198
Segment Type: other
Provision Reference: 
Character Range: 514972–517817

Entities Roll

    65.1 These Anti-Money Laundering and Counter-Terrorism Financing Rules (Rules) are made under section 229 of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) for the purposes of paragraph 51G(2)(b) of that Act.

    65.2 A request made by a person to the AUSTRAC CEO to remove their name and enrolment details from the Reporting Entities Roll must:

         (1) contain the information set out in the Schedule to this Chapter; and

         (2) include a declaration made by the authorised individual that the information in the Schedule of this Chapter is true, accurate and complete.

    65.3 A request for removal from the Reporting Entities Roll may be made by an agent of the person on behalf of the person, only if:

         (1) there is a current written agreement in place between the agent of the person and the person, or the person has provided to the agent of the person a written authority;

         (2) that agreement or written authority authorises the agent to request, on behalf of the person, the removal of the person from the Reporting Entities Roll;

         (3) the request for removal by the agent contains the information set out in the Schedule to this Chapter; and

         (4) the request for removal includes a declaration by the agent that the information is true, accurate and complete.

    65.4 A request for change of a person's enrolment details may be made by a person (the requestor) who is not the person or an agent of the person, if:

         (1) the request provides evidence of the requestor's authority to make that request, to the satisfaction of the AUSTRAC CEO, and

         (2) the person is an individual who is deceased, or

     (3) the person is a corporate body which has ceased to exist; or

         (4) the person is an individual who no longer has capacity to manage their affairs; or

         (5) a request for change of a person's enrolment details may be made by a person (the requestor) who is not the person or an agent of the person, if:

              (1) the request provides evidence of the requestor's authority to make that request, to the satisfaction of the AUSTRAC CEO, and

          (2) the person is an individual who is deceased, or

      (3) the person is a corporate body which has ceased to exist; or

              (4) the person is an individual who no longer has capacity to manage their affairs.

65.5 In this Chapter:

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

          (a) a beneficial owner;

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

               (c) an agent of the person;

                  (d) a nominee pursuant to subsection 8(2) of the Australian Transaction Reports and Analysis Centre Industry