Document ID: chunk:federal_register_of_legislation:C2025C00044:section:5:p19
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 5 (pt 19/19)
Character Range: 79866–81841

reasonably be regarded as the economic equivalent of a transfer (for example, debiting an amount from a person's account and crediting an equivalent amount to another person's account).
transferor entity, in relation to a remittance arrangement, has the meaning given by paragraph 10(3)(a).
trust means a person in the capacity of trustee or, as the case requires, a trust estate.
trustee has the same meaning as in the Income Tax Assessment Act 1997.
trust estate has the same meaning as in the Income Tax Assessment Act 1997.
ultimate transferee entity, in relation to a remittance arrangement, has the meaning given by paragraph 10(3)(b).
unincorporated association means an unincorporated association or body of persons.
unique reference number, for an electronic funds transfer instruction, means a combination of any or all of the following:
 (a) letters;
 (b) digits;
 (c) characters;
 (d) symbols;
which distinguishes the transfer instruction in a way that, either:
 (e) alone; or
 (f) in conjunction with any other information in the transfer instruction;
enables the ordering institution to identify the payer.
Examples:
(a) a combination of a BSB and account number;
(b) a reference number generated by the ordering institution.
value, in relation to transferred property, means the market value of the property as at the time of the transfer. In working out the market value of the property, disregard anything that would prevent or restrict conversion of the property to money.
verification request, in relation to an individual, means a request made by a reporting entity under paragraph 35A(1)(b) for an assessment in relation to the individual.
warrant premises, in relation to a monitoring warrant, means the premises to which the warrant relates.
written record, in relation to an examination under Division 3 of Part 14, means:
 (a) a record of the examination:
 (i) that is made in writing; or
 (ii) as reduced to writing; or
 (b) a part of such a record.