Document ID: chunk:federal_register_of_legislation:C2025C00044:section:5:p2
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 5 (pt 2/19)
Character Range: 36443–39342

applies to, and has been adopted by, the reporting entity:
 (i) a special anti‑money laundering and counter‑terrorism financing program that applies to, and has been adopted by, the reporting entity; or
 (ii) if the program has been varied on one or more occasions—the program as varied; or
 (b) in any other case:
 (i) Part B of an anti‑money laundering and counter‑terrorism financing program that applies to, and has been adopted by, the reporting entity; or
 (ii) if the program has been varied on one or more occasions—Part B of the program as varied.
Note: Item 54 of table 1 in section 6 covers a holder of an Australian financial services licence who arranges for a person to receive a designated service.
approved means approved by the AUSTRAC CEO, in writing, for the purposes of the provision in which the term occurs.
Note: For variation and revocation, see subsection 33(3) of the Acts Interpretation Act 1901.
approved deposit fund has the same meaning as in the Superannuation Industry (Supervision) Act 1993.
approved third‑party bill payment system means a bill payment system prescribed by the AML/CTF Rules.
arrangement includes:
 (a) any agreement, arrangement, understanding, promise or undertaking, whether express or implied, and whether or not enforceable, or intended to be enforceable, by legal proceedings; and
 (b) any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise.
ASD means the Australian Signals Directorate.
ASIO means the Australian Security Intelligence Organisation.
ASIS means the Australian Secret Intelligence Service.
assessment, in relation to an individual, means an assessment prepared or provided by a credit reporting body under paragraph 35B(1)(a) in relation to the individual.
Attorney‑General's Department means the Department administered by the Attorney‑General.
AUSTRAC means the Australian Transaction Reports and Analysis Centre continued in existence by section 209.
AUSTRAC CEO means the Chief Executive Officer of AUSTRAC.
AUSTRAC entrusted person means:
 (a) the AUSTRAC CEO; or
 (b) a member of the staff of AUSTRAC; or
 (c) a person engaged as a consultant under subsection 225(1); or
 (d) a person whose services are made available to the AUSTRAC CEO under subsection 225(3); or
 (e) a member of a task force established by the AUSTRAC CEO under paragraph 212(1)(db); or
 (f) the Director of AUSTRAC; or
 (g) a person engaged as a consultant under section 40A of the repealed Financial Transaction Reports Act 1988.
Note: The former office of Director of AUSTRAC was established under the repealed Financial Transaction Reports Act 1988.
AUSTRAC information means the following:
 (a) information obtained by, or generated by, an AUSTRAC entrusted person under or for the purposes of this Act;
 (b) information obtained by an AUSTRAC entrusted person under or for the purposes of any